Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 165.13

+1.1%

Nov 26 3:59 PM EST

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To: dougjn who wrote (14828)	9/10/1998 4:04:00 PM
From: DaveMG	Read Replies (1) of 152472

doug, I'm with you and everyone else who thinks the generals have to come down before this thing can be really be over. I think at times like this it makes sense to focus on the technicals because the fundamentals are really unknowable.The global situation is so fluid, how is it possible to gauge fundies? These guys on CNBC are making a big deal about this higher highs and higher lows thing on CNBC and how that's good, but if I remember correctly this type of pattern is a flag, which is normally a continuation pattern, ie to be broken on the downside in this case. I think it must be getting harder and harder to be a buyer. How many times can one get ones fingers burned before one gets tired of it?I have no idea what'll happen tomorrow, but no matter how you slice it, down "only" 250 pts is not a good thing. I was also very surprised that Monday's rally had no legs whatsoever. dave

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