Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Jon Tara who wrote (37038)	1/8/2000 3:18:00 PM
From: KY	Read Replies (1) \| Respond to of 99985

Looking to the TA experts here to confirm my current "feeling" for QCOM, JDSU, other highflyers... Remember last April when AOL topped in the high 80's then tanked tremendously only to recoup almost all of the loss before then tanking again? AOL eventually breached its 200 dma line and took months to recover and remove the excess that was created during the runup. What's happenning with QCOM sure does "Feel" similar to the AOL event. Would not be surprised to see a vigorous rally next week only to fall short of the highs where we see another great fall. Interest rate backdrop of course could contribute to this scenario...LU warning may only be the first shoe to drop. Comments?? KY