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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: TARADO96 who wrote (1531)	8/31/1999 8:17:00 PM
From: Vendit™	Respond to of 19374

Re: do you see a technical rebound on the averages in general or AMZN in particular? No congrats expected or needed...............this is a market that can't be trusted as far as direction. Re: QCOM and (you didnt ask for it) RBAK----They seem to defy logic. PM me pre open and I'll do the TA on QCOM, I am setting up a new PC system now.

To: TARADO96 who wrote (1531)	9/1/1999 6:42:00 AM
From: Vendit™	Respond to of 19374

TARADO96 Re: QCOM Is a stock that seems to defy any and all logic. I have been calling for a technical pull back since I was first asked to give an opinion about it several months ago. At that time it was trading about $125.<g> The TA says although it's trend is still up and intact it is due for a pull back. In the mean while each day that passes makes any pull back likely to be at a higher level as its support level keeps rising. I have not studied it's fundamentals but have heard it is being driven by some buyout or merger rumor. It reminds me of the way AOL was tracking 6 months ago. I'll look at some charts and try to get a feel for the markets in general. When I checked them yesterday I did not see any bottoms forming which leads me to believe the late rally yesterday will not hold. IMO