Zeev's Turnips - No Politics Message Board

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

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To: jazzcat2000 who wrote (54026)	4/21/2002 10:45:25 PM
From: augieboo	Read Replies (2) of 99280

Personally I expect QCOM to move upward on Thursday. It may very well do just that. Okay, so it moves up on Thursday ... and Friday ... and next Monday. That just makes it a better short by next Friday at the latest, IMHO. Me thinks this will move the price of the stock as opposed to your interpretation of Murphy's "continuation head and shoulders pattern". Actually, I would not have seen that pattern if JJ had not pointed it out. My own take is that QCOM's chart looks plenty bad without the bearish continuation H&S. augie

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