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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Shack who wrote (30593)2/17/2002 11:55:11 AM
From: jjstingray  Read Replies (1) of 99280
 
I disagree. Qcom's weakness is very disturbing. After rallying on 60.0 M shares from a low of $34.50 the stock has done nothing but sell down below its previous support level of $38.26. Fridays action was on 20.0 million, almost twice its normal volume.

I think Qcom will break $34.50 and settle somewhere in the high $20's. Then in spring, it will break that level.
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