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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: J.T. who wrote (3149)5/19/2000 12:52:00 PM
From: marginmike  Respond to of 19219
 
J.T. you cant fight rate hikes. We have for 3 months, nows payback time. Qcom is way below 200DMA, good support in high 80's but if it dont hold watch out for the free fall.

P.S. Qcom will due 20 million shares today so it might be a blowoff, but I would wait till 3:50 or Monday AM to buy. I would say 87 or so as the low if naz ends down 2-300 as I expect.