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

To: gc who wrote (40242)	9/9/1999 3:33:00 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 152472

GC, 90% of the time short covering is done where support becomes strong and is repeated as longs join.. it typically defines the rear heel of the support line.. sure, it might be temporary.. but we need a false upmove to encourage more selling and greater volume, dont you think? .. a ten point move failing at 170 seems insufficient to me to bring about more voluminous selling pressures this gorilla is in no bigass hurry to rise and begin running again.. he gets up but rethinks that strategy when another snooze sounds better.. the longer we consolidate within the 160-170 range, the stronger the outbreak will be up or down.. my money is on up.. all trends point that way.. the shorterm trend is not down, rather sideways psychologically, it goes "if shorts cover there, it must be a great place to buy, because those guys are smart enough to short a great stock & company" I see you have shaved and got rid of the bottle.. sorry to seem so dismissive of your exhorts from out of the woodwork.. but they seem so shallow / jim

To: gc who wrote (40242)	9/9/1999 4:34:00 PM
From: MileHigh	Read Replies (1) \| Respond to of 152472

Ok Mr gc, You can't keep talking about Q breaking the 50 day MA without some time period. What is it? Next week? tomorrow? Next year? Sooner or later you will be right, just like the bears for the last 5 years will be right one day, but their market crash day will still not make up for all the money they lost betting against the greatest bull market in history! Follow me? Good luck! MileHigh