Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.38

-0.2%

1:33 PM EST

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To: 16yearcycle who wrote (92921)	1/29/2001 11:26:27 PM
From: marginmike	Read Replies (1) of 152472

It didnt break the 50DMA in Jan it broke it in Feb. I had this discusion with you that as long as the 50 DMA held(temp breach was OK) that it was a great buying opp. If it broke get out! In Jan we diped tested the 50 and rallied back to 150 before earnings and then fell out of bed. At the time it looked like Q was doing its usiall selloff to the 50DMA and rebound. It wasnt till the day of earnings that it was apparent that Qcom wouldnt hold the 50 and the momentum was dead. If you are going to pull up my post's dont just pull one out of context, pull them all. For the record I held the first break of the 50DMA it rebounded and I sold on the second break. Go to QRTS on see for yourself.

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