Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: gc who wrote (36907)	7/22/1999 10:18:00 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 152472

GC, just making a point about 139 market and QCOM could not sustain this run, esp after the "fast one" by mgmt... only S&P entry in long memory to fail to see a lift... our solid trend since June has been broken... we needed a climax to 87 to snap out of that selloff... why is now any different? I see 140 sometime in next few weeks, with an overshoot intraday with some pulling back, profitaking, a breather at the beach, some new owners, consolidation, and no horrifying declines below a couple of previous support lines... THE ALPHA GORILLA WILL RETURN WITH A VENGEANCE we need to set up shop, offer the hope and expectation of future safety in gradual appreciation... this can only happen with some sideways action... prepare for fits and starts maintain: bump off 145, and surprise grind to 140 (maybe 135-138 intraday) before we start the next good set of legs / jim