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

To: Poet who wrote (65393)	1/31/2000 9:16:00 AM
From: jmac	Respond to of 152472

I am hoping 110 holds as support and my guess is we will see it some time today barring an upgrade or a finalization on the China deal.

To: Poet who wrote (65393)	1/31/2000 9:18:00 AM
From: marginmike	Read Replies (2) \| Respond to of 152472

Poet I do not believe this has ANYTHING to do with the fed or the meeting. Everyone is expecting a .25 raise and that is what will get. However what is in effect is the usiall post Earnings Lull, combined with draining liquidity. There is simply less money and more IPO's this week. Thus supply is outweighing Demand. This is compounded by the HUGE gains we had in Dec caused by increased liquidity and reduced IPO's. We are paying back some of our gains from December. I think we will be in rough waters until IPO"S slow, and Earnings are on Horizon again. However the bull market is intact. I am looking for a serious correction to allow steam out of the engine. The Fed stuff id just markets excuse.