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

To: voop who wrote (46926)	11/1/1999 9:17:00 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 152472

the bullish inverted triangle is still there today saw us jump over the 225 ceiling... kindalike a white guy jumping though (my vertical leap is about 14 inches and I am athletic as hell, and white) like in 90% of the breakouts, we revisit the old ceiling like some dog acting upon instinct... today's market was really not a good environment for a breakout... Dow sold off a bit, Naz was adding icing on a breakout from Friday, TBonds sold off some profits after a 25 basispt run... everything was tired after the Friday party 225 should now act as a platform support level... if it breaks, then time to exit anything shorterm surprised at Voltaire's expectant sluggishness of QCOM price response to earnings... at the concall they should discuss the huge growth of CDMA business, reasonableness of FY2k earnings projections, handset div sale, and details of any stock split (which will be asked repeatedly) NOK, MOT, ERICY, VOX, PCS all reported huge CDMA business... we are the common denominator behind it... surely some of this effect is built into the Q price I maintain my shorterm TA target of 240... I do NOT believe QCOM will rest until it is met, regardless of the market... I have seen this happen hundreds of times... the stock moves to the technical targets over and over again, sometimes against the tide why? because that is how the bighouse chartroom experts think, period... they push it, push it, push it, until the technicals are achieved why did we pull back at 225 in early October? because we reached THE technical target not MY technical target my TA is not very sophisticated I sure hope I am right this time / Jim