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To: Dealer who wrote (19639)5/21/2000 3:38:00 PM
From: Dealer  Respond to of 35685
 
Stolen Jim Willie QCOM TA as follows:

on QCOM, I see 90 then 85 then 80 as support
support at 90 could actually be better than first glance
but it could grind and grind for 4-6 weeks
I see a seasonal turning point at July4th holiday
obstacles: school emptying in midJune, and FedMeeting June28th
we are now finding support exactly where we did just before Thanksgiving at presplit 340-360
upside resistance seems to be the 18day MovAvg at 105
in the next week, this 18MA will rise if we return to 100

the Fed will want to end its dirty business before midsummer

this sucks, paring down, saving equity
the market needs a catalyst
a long hot dreary summer is upon us imminently
/ jim



To: Dealer who wrote (19639)5/21/2000 6:43:00 PM
From: Ex-INTCfan  Read Replies (1) | Respond to of 35685
 
Dealer -- I'm not really a bear -- just a depressed bull. I know we will come out of this. The trick is to avoid unloading quality stocks at these levels.

INTCfan