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

To: Voltaire who wrote (46589)	10/30/1999 12:18:00 AM
From: Jon Koplik	Read Replies (1) \| Respond to of 152472

Re : spent 5 months in Vegas without coming home One time when I was in Las Vegas, I walked into a 7-11 store, and saw that it had a total of two video poker machines (and, they were nickel machines -- my favorite !) I walked over to the machines, and was surprised that the guy behind the counter of the store came back to watch me play (there was no one else in the store). On my first "play," my nickel returned three nickels (i.e. ten cents gain). I was thrilled, put the three nickels in my pocket, and started walking out of the store. The 7-11 employee said something like "That's it ?" "That's all," I replied. ************************* Got any good stories ? Jon.

To: Voltaire who wrote (46589)	10/30/1999 8:16:00 AM
From: Jim Willie CB	Respond to of 152472

TA: bullish daily stochastic crossover on QCOM yeah, yeah, what didnt turn up yesterday? and what was not all tied together? stock split might be key ingredient also to big push in price but let me go on with this strong TA signal QCOM just registered a clear daily stochastic crossover in its fast/slow indicator... this means a downdraft that ended this week was interrupted in its stinky decline... instead we began to close more toward the highs, esp Wed and Thursday on Wednesday we demonstrated a clear "bullish hammer" (using Japanese candlesticks) .. this is earmarked by a small positive close on the day, an open near the high, but intraday activity much lower... it serves as a strong reversal signal on Friday theQ did touch new highs... big shit, by what? 1/2 a point? .. volume, what volume? .. slightly under average daily volume... it was hardly convincing but nonetheless, we registered a crossover... every single time I have spotted and reported a crossover, theQ has marched... in this case we have simultaneous daily stochastic crossovers with Nasdaq, S&P, and Dow most significant is the simultaneous daily stoch crossover exhibited by NazComp index... it happens with the Naz breaking out to new highs!!! .. I have said before on several occasions... WE NEED THE MAJOR AVERAGES AND BOND MARKET TO PROVIDE A TAIL WIND... with the NazComp breakout and the huge bond rally taking yields down from 6.4% to 6.15%, we have what is needed I also have noticed the lockstep between the QCOM chart and NazComp chart... that is why I believe a breakout to at least 230 for starters is imminent for theQ reported earnings well above whisper 97 cents would be needed for sustaining the imminent breakout... one doesnt typically see a breakout on Fridays... I thought yday we would, since everyone was partying hearty... but perhaps theQ was coming from 20 points lower and needed to challenge the 225 high after a breather... dont put much meaning behind the "dozing" to 217 at 3pm which ended right at my 18-hr MovAvg... that looked like a nice MM piece of chicanery the decline in this past week ended right at the 18-day Moving Average... it also represented a touch of the lower boundary of the nice upchannel trend... when I extend for the upper boundary on that upchannel, I get about 230-235 soon as a potential limit regardless of your Ghost Expectations, BigHouse agenda, etc... the TA signals are here for a breakout... and finally, the Q's Relative Strength is NOT overbought... we typically retract when hitting 80% or higher levels... Q's RSI is now at 65% run, gorilla baby, run VoltMan, if we break above 227 at all, I suspect considerable short covering will make it very difficult for 230 to hold... we could be in mid-230's in a 15 minute flash so, let's mix fundamentals, known expectations, splits, option incentives, whorehouse agendas, and technicals what do we get? my take: a breakout to 230, with a followthru dictated by certain unknowns now back to my Japanese Candlestick reading... I am gonna be dangerous, Ruffian... we have morning stars, hanging man, hammers, bullish doji... but no jackasses / Jim Willie