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


To: Jill who wrote (43690)10/7/1999 3:57:00 PM
From: Jim Willie CB  Read Replies (2) | Respond to of 152472
 
just a theory on price movement during last day and a half

we gapped quickly from 195 to 208
no recent history over 13 point interval
market wondering what's next, with thumb firmly up its ass

WE ARE FILLING THE GAP
imagine an airpocket on which a house foundation is built
after filling the gap, it can only then bear weight

I still dont see a move down below 190
probably not even to low 190's
I have been wrong manymanymany times

just an opinion of a poor tech sharecropper
/ Jim