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


To: Boplicity who wrote (52964)12/7/1999 4:33:00 PM
From: Jim Willie CB  Read Replies (5) | Respond to of 152472
 
Frenchie, respectfully disagree again

if 400 offered real resistance, then we would end up at 380-387 as sellers beget sellers... not the case here... we continue to chip away at 400 sellers... not the case that doubt is building, rather that resistance is diminishing

we dont need news... the effect of the upcoming split is huuuugge news enough... as VoltMeister keeps saying, the "time" is approaching or compressing or running out, depending upon your perspective

how can you claim resistance is on the increase if Q was 402 with three minutes left? ... the close was pure manipulation by the MMakers... the only doubt is that too many sellers remain

news will only compound the effect we are seeing... my real best perspective is that the real bigplayers are waiting for the MACD to crossover... it might happen by the end of this week... each successive 10-day moving average will now see a 370 replaced by a 400, giving a 10MA rise of about 3 pts

when the MACD crosses, hold onto your jockstraps and geestrings, because even less time will remain between that moment and the split

did I miss anything, Hayseed?
/ jim



To: Boplicity who wrote (52964)12/7/1999 5:00:00 PM
From: Voltaire  Read Replies (3) | Respond to of 152472
 
I agree with you about those shorts, we need them but damn those guys have lot of energy. I might agree with you about QCOM at the moment but write this down, 12 days from the end of Jan. nothing will hold QCOM back. No one will be letting their shares go and we will be moving almost 10 points a day.

See ya at $550

V