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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: el paradisio who wrote (53112)6/5/2000 3:40:00 PM
From: American Spirit  Read Replies (1) | Respond to of 99985
 
Might want to buy QCOM right now at 67. It doesn't seem to want to drop any further. After today should go up again as the shorts tried their best today but failed. Remember nomatter who wins wireless wars QCOM wins. The inflows are huge and justify the multiple. QCOM down from 200 and hasn't moved from low range yet. Might pop int he next few minutes as shorts rush to cover and at best break even today.