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

To: J.T. who wrote (3155)	5/19/2000 1:11:00 PM
From: marginmike	Read Replies (2) \| Respond to of 19219

I think it will be between 85-100. I think the 105, and 200DMA will be very STRONG resistence.

To: J.T. who wrote (3155)	5/19/2000 2:02:00 PM
From: Copeland	Respond to of 19219

JT, QCOM needs to bottom out first and then move sideways for a while before I can even consider playing it. I'm not exactly the type that likes to buy when there's blood in the streets -- I prefer to wait until the blood is mopped up first. Besides which, cellular phones are strictly a second half of a year play. As for today's action, as I mentioned on another thread, I've been told that ERICY gave downwards guidance on handset sales. Definitely not a good sign for the industry.