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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 157.80+0.9%Jan 22 3:59 PM EST
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To: IKM who wrote (5035)10/27/1997 7:07:00 PM
From: Maurice Winn  Read Replies (2) of 152472
 
IKM, I hope you and others didn't misinterpret my 7% fiddlesticks comment to mean not much has happened or will happen. I meant it to mean that a lot more is likely to happen. I don't say race to the broker to buy tomorrow. I mean take a week or two off and then see where it is bouncing around. Retracing right now seems a lot less likely than a decent clean out. A DECENT clean out means 25% off the top = 8200 down to 6000 or 6500.

But retrace it will. Maybe not till next year sometime. But it will.
Dow 16000 = 2002.
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