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


To: TARADO96 who wrote (56449)12/23/1999 2:31:00 PM
From: Rhino Ray  Respond to of 152472
 
Well said <EOM>



To: TARADO96 who wrote (56449)12/24/1999 9:59:00 PM
From: MileHigh  Read Replies (1) | Respond to of 152472
 
Guys, I have said it before and was laughed at (but proven right eventually), these may be buying opportunities, but wait for stocks to approach their 50 day MA.

Case in point, I bought a bit more JDSU last week @ 210, it's around 300 now, that was a buying opp.

Also, your downside risk is less at those levels vs trying to catch a falling knife if one has limited funds to deploy.

Trust me, QCOM will approach it's 50 day MA again in the not far distant future.

HO! HO! HO!

MileHigh