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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 152.72-0.2%Jan 28 3:59 PM EST

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To: The Verve who wrote (110651)1/10/2002 2:21:36 PM
From: marginmike  Read Replies (4) of 152472
 
Island buy/sells are a useless indicator. IMHO. I do agree with Keith that they have thrown everything at Qcom and 20 Mil share days and nothing has really happened(down 6%)in the last week. I still want to see a capitulation a touch below 45. Id be lying if I said I wasnt tempted all day to get in. At least I covered my short SMH/QQQ position on the weakness. So I am completly flat with the exception of a slew of GOLD stocks. I even sold my 10 year notes today(nice 5% profit plus yield). ML took Qcom of its prefered list and replaced it with Ballard power. I think thats bullish.
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