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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (2840)	6/28/2000 11:13:00 AM
From: Paul A	Read Replies (2) \| Respond to of 30051

Re: qcom, unless we get some bombshell reaction to the fed this afternoon, it looks like QCOM should hold 60.. Do you think this little pullback on old news was just what the doctor ordered? Am I the only person on this planet who hasnt made a dime off QCOM? pity pity pity me :(

To: Zeev Hed who wrote (2840)	6/28/2000 8:57:00 PM
From: GTC Trader	Read Replies (1) \| Respond to of 30051

SNDK << Yes, it does look "bad", but if it holds here on a closing basis (above $60), it will be a "wonderful" double bottom. >> Obviously, 60 did not hold, so I presume that you are out. I am still holding a long position from 73. Looks like it tried to form a double bottom in today's trading, with 57 holding fairly well. Flat at 57 in after-hours, so a move back above 60 tomorrow and then holding above 60 through Friday close would seem like a good bottom. Any thoughts about how likely this scenario is? I was hoping that this could be a buy-and-hold for a couple months. Maybe still? Thanks again for your Turnip Talk. Take good care of them. Best regards -- HB