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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 171.02-1.5%3:59 PM EST
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To: marginmike who wrote (115814)3/19/2002 10:19:09 PM
From: Robin Plunder  Read Replies (1) of 152472
 
Marginmike, probably we could rally. The BRCD and JDSU charts, though, show a similar pattern, with a more obvious head and shoulders, and their 'cup and handle' patterns have already broken down into decline. NT is even more advanced, along these lines. QCOM is a better positioned company than these others, and maybe it can rally, but I wonder if it is just largely trending with the market, and the recent rally will roll over like these others.

Robin
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