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

To: Kayaker who wrote (38565)	8/23/1999 10:32:00 PM
From: SpudFarmer	Read Replies (2) \| Respond to of 152472

>I have no doubt there will be a September rally going into October earnings, but I find it hard to believe it started on August 10th. That rally would be too long IMHO. Heck, the DOW is at an all time high today. So now what? Seems to me we'll get a pullback between now and mid September. What will be the event that causes it; the Fed increase tomorrow? Puzzled I am.< You're not alone by any means. This is why so many are making 'educated' (term used very loosely) guesses. What isn't being taken into consideration when the term "volatility" is used is not only are the vertical lines longer in a chart, but due to technology and the higher prices, time is compressed. Much like a wave that is squished (like the technical term) together. That makes prediction and timing so difficult. The old rules don't apply anymore, thus the 'experts' and old timers are pulling their hair out. Pull back in September, possible. Has happened before. It could as easily rally and never look back until December and the Christmas shopping cash demands. Momentum is a deceptive. It keeps going until something comes in to interrupt it (Fuddy Fed), or stop it. Will this kill Q? It may slow it down, but if the last three months are any indication (during all the uncertainty), it still held up well, and kept going. Only Q can kill Q at this point. I see no REASONABLE possibility of that happening any time soon. The opinions expressed here are just that. They are also welcome to be critiqued, questioned or lampooned at will. Or for that matter, IGNORED! : ) Here's to 'squeaky' and her investment savy. Rock on Q