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


To: marginmike who wrote (65175)1/29/2000 2:17:00 PM
From: 16yearcycle  Respond to of 152472
 
I think we understand each other and I remember your posts. I don't agree with your tactics at the 50 day ema, but there are a million ways to win the battle. For me, it is a first entry point in a wreck and the last point is the 200 day, which we could hit, but probably won't. I think we fully agree that it is the next 45 days that are when the bottom will be put in. The upside will be incredible over several years off the low. I am using multiple entries. I would double my position by the time we hit 60-75. We probably won't get there, but 50x e is 60, and the 200 day is 61. The 200 day is moving up a buck a day. We are going down a bit faster than that so far;^)

By summer, the market will be looking toward next years 1.80 and the fed will be done, and the economy will have clearly slowed. Fall will be touchy, but I won't be surprised by Q hitting new highs next year.