To: techguerrilla who wrote (5015 ) 2/25/2000 1:58:00 AM From: Jim Willie CB Read Replies (1) | Respond to of 35685
a pure TA view on our QCOM, ignoring all news stories extremely solid technicals shaping up volume has picked up nicely in the last week a MACD crossover is in progress, not quite yet but most important is... ... money flow is growing on a daily basis we got big money gradually coming in stronger and stronger this shit is all about money coming in the one indicator I missed prior to January decline after earnings was money flow dropped off that taught me to be more vigilant with Q's money flow now a technician interpretation of China it "allowed" a profitaking session after a run from 120 to 147 today's action was nothing more than a tap on the brakes while beginning to fly downhill QCOM fell back more this Tuesday with a wider range, compared to today today we finished 10 pts off the low today was a Japanese Harami (pregnant) pattern -- bullish pause pattern today we never even pulled back to the 18day Moving Avg today we never got as low as yesterday's open price today we closed higher than the open it was a MM's dream fakeout started with an opening plunge to grab all the numbnut sell stops completed with theft of lunchbuckets during the noon hour the stoplossers didnt learn the lesson at open, so they got their shares swiped at lunch also I bought more July QCOM calls in a matter of a day or two, the tech train picks up the QCOM car I dont see a stall here one day does not a stall make look at the chart -- gathering strength Houses will help put the spin back on the China angle might sell all non-QCOM shares tomorrow and buy JDSU all this Uniphase Time Compression, imminent split, lack of political involvement, and heated fiberoptic buildout has me convinced I liked JDSU at 195-205 which I regarded as consolidation tomorrow might see some typical Friday droopy stuff could offer an opportunity, might not what a relentless stock, hasnt pulled back in many weeks / Jim Willie