Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: waverider who wrote (31194)	2/20/2002 7:27:35 PM
From: Caxton Rhodes	Read Replies (2) of 99280

Anyone in the market for the past 5 years...and still standing...who has been holding QCOM since the 1st of December when it double topped and was unable to recover...well...they ought not be IN the market at all. If a qcom recovery is confirmed in the next couple of weeks, the double bottom formed on Feb 10 and today is much more significant (both in volume and candlesticks) than the double top you referenced. Time to go the other way? Any way, as I said, I generally trade channel breakouts with Qcom. One more postive note on qcom is that even after it made a new low and broke resistaence to the downside it recovered, which is bullish. stockcharts.com[w,a]daclyyay[dc][pb50!b200][vc60][iUb14!La12,26,9]&pref=G Caxton

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