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Strategies & Market Trends : MP - Market Pulse

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To: HairBall who started this subject	7/3/2001 11:29:50 AM
From: HairBall	Read Replies (2) of 1328

In response to this post on the MDD thread... To:iod_sherwood who wrote (79452) From: el paradisio Tuesday, Jul 3, 2001 10:45 AM View Replies (1) \| Respond to of 79462 Well,with QCOM breakout today,I would not be so bearish... I think, Nasdaq will hold the support at 2050-2100 and Dow 10,500. Semi looks good. Summer rally ahead... Regards, el QCOM <----- Rallying up to test the support line of the previous in play rising wedge which originated from the 4/4 low. I would expect this support line to exert significant resistance and produce a repel. The support line is at approximately 64.25 and slowly rising. Regards, LG

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