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


To: jmanvegas who wrote (43591)10/6/1999 3:40:00 PM
From: jmanvegas  Read Replies (1) | Respond to of 152472
 
YHOO's earnings this afternoon could be a harbinger of things to come for the techs IMO. If the earnings come in well ahead of expectations or meet/beat the whisper number, it will be interesting to see if YHOO sells off similar to what occurred in the 2nd Q or powers ahead. A selloff possibly would indicate that the 3rd Q earnings might be priced into the market and earnings might not push this market ahead much further in October. Stochastically, the techs are pushing the upper limits. JWCB might be able to look at his tea leaves for a clarification of this TA indicator.