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

To: Didi who wrote (64743)	1/27/2000 2:14:00 PM
From: JGoren	Respond to of 152472

I'll offer a birdseye view on G*--no TA just feel: worse 16 worst 0

To: Didi who wrote (64743)	1/27/2000 2:57:00 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 152472

Beau Baby Beau, here you go, take me in tow for what it is worth, just a poor tech sharecropper here worse, worst support levels: QCOM: 120 then 100 ... extreme volume on Wednesday while supporting 120 will be very difficult to penetrate... 120 is the 50day Moving Avg that held nicely, probably sitting orders from institutions prepared before yesterday based solely upon technical analysis (just to annoy my Nemesis)... it would take a runup past 140 and some marketwide dire news to send us south with enough RPM's on the drillbit to cut thru 120... if it happens, we got two things going for us with 100... first is the big psych effect of 100 with the magic zeros... second is the two turns (one from above, one from below) back in Dec99 JDSU: 210 and 185 and 160 ... holding rather well up at 210 in the clouds now... looking to me like a failure waiting to happen with opening highs not held... then a large jump down to a strong upturn level at 185 or slightly below where the 30day MA is tracing... below that lies another pair of big turns and the 50day MA BRCM: 275 and 250 and 230 ... another failure waiting to happen... support from turns at 275... support at 250 from minor turns and 50day MA rising up to that level... potentially big support at 230 from major turns GSTRF: 33 and 30 ... worst over, but scary looking double failure top... ground zero is 30 EXDS: 105 and 90 ... possibly another failure waiting to happen... good support from big turn at 105, together with 30day MA just beneath it... solid old floor presented at 90 for new support hope it helps, just a quickie I had to use the word "quickie" but prefer "long and slow" / Jim Willie