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

To: zello who wrote (59523)	1/4/2000 8:42:00 PM
From: waverider	Respond to of 152472

Gaps, snaps! We didn't fill the November gap up... Now that's the ticket...back to $60 we go!!!! Rick TA

To: zello who wrote (59523)	1/4/2000 10:17:00 PM
From: jmanvegas	Respond to of 152472

Zello - filling the gap intraday is all that it needs to do to have a gap considered filled. If Q goes below $160 and doesn't go back to the $125-130 area, then the gap is not considered filled. Going back to let's say $130 is a drop of $280 pre-split, a 30% correction from the highs - steep, sudden, silly, and stupid. But then again, we've see stupid things before regarding Q's price action. The funds would be buying bucket fulls of Q down in the $125-130 area if it gets there. Next level of support for Naz is 3800, if it breaks that 3650. If Naz goes to 3650, Q fills the gap IMO. I believe the big boys would love to push it down to that level and shake out the weak holders but we'll have to see. I'm still thinking about Dr. J's interview today on CNBC. He didn't have his usual smile on - seemed miffed about the continuous questioning of Q's stock price. He would have preferred to talk about something substantial like HDR, growth of data in wireless, etc. but CNBC has this typical 2 minute bullsh*t question & answer format. Then on to another Stuart - "let's light this candle" ad and on to another 2 minute segment. I guess GE needs its ad dollars to pay for these high-paid CNBC jerkalists. All in all, the correction is a healthy thing weeding out the weak. I wish CNBC would spend more time on companies like MO, KM, S, etc. - stocks to own for the next 10 years. (VBG) It would be nice to get Q off the front pages for awhile - I liked it better when it was relatively unknown - now it's mentioned every 10 minutes or so. I guess it goes with the territory when you own one of the best companies and best stocks in the entire universe. C'est la vie. jmanvegas