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

To: Morgan Drake who wrote (58980)	1/3/2000 1:31:00 AM
From: Jim Willie CB	Respond to of 152472

excellent pernt, Morgster, about funds reducing based upon allocations being overweighted tax selling will be March-April I suspect some will grab the money and run this week though, knowing tax consequences are 12 months greater than they were last week one good friend panicked and sold out of highly profitable options early last week... other sheep will panic this week fresh out of the gate... the greatest spoils will come to those who show some patience for week number two and three of January here some retail buyers (like certain smarter friends I have conferred with) will jump all over any and all downdrafts this week... with the nice move on Friday from 162 to 179 and back at close, I am encouraged about the behavior of buyers coming in I anticipate 160 will be strong support, testing once or twice more... that showed good support once or twice already remember the first bounce following a spiraling drop like from 740 to 640 represents the clearest indication of where support will be provided MULTIPLE TIMES that is Psych 101 for our engineer limited thinking pals you can find it under the topic of CONDITIONED RESPONSE / Jim