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


To: investsformoney who wrote (39838)9/5/1999 5:38:00 PM
From: MulhollandDrive  Read Replies (1) | Respond to of 152472
 
investformoney,

>>Even on a 3 day scale qcom is holding up its bottom at 157. FYI trend has 3
classifications, longterm, intermediate and short term.

If we see a break of 157 next week thats when the the downtrend will be
established on the short term scale.<<

You're point is well taken. QCOM may continue to go thru a short term distribution phase, but I think it will pay those interested in Q to buy any weakness long term.

bp