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Strategies & Market Trends : Chart Formations -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Miller who wrote (271)	9/19/1999 1:05:00 PM
From: James Strauss	Read Replies (1) \| Respond to of 967

QCOM... Jerry: Right now QCOM looks ready to test the highs again... iqc.com It has support in the 179.00 area where a stop could be placed... It has further support in the 165.00 area which represents a good entry point... Jim

To: Jerry Miller who wrote (271)	9/19/1999 2:46:00 PM
From: sean sanders	Read Replies (1) \| Respond to of 967

Jerry, QCOM: I also think we will test the recent high; although what will it do after that is the question. If it tests then drops I would call that more of a dbl top. My general view of the market right now is bearish (well I dont know if I would call it that; but I feel a correction is ripe). The dow chart and the S&P 500 is not that bullish. If I wasn't in a bunch of postions I would consider trading qcom from the short side once it tested the top then failed to continue higher. Sean