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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: HairBall who wrote (82568)	10/6/2000 2:45:49 PM
From: ru2	Read Replies (1) \| Respond to of 152472

Regards, LG PS: It is possible for QCOM to go lower than I orignally expected in this pullback (possible dragged down by a futher overall market decline)...additional support points to be determined! *********************************************************** I was making money else where when Qcom broke out. Money flow and counter current price action are telling a very differnt story on QCOM than the general market. Got no shares. Got cash and shorts. I'm looking for a good entry point. If I did things right first fibretrace from the july low to yesterday's high is 74 or so. Horizontal support to. %50 retracement is 69 or so. Anyone else have these support targets if the Naz explores 3200 then 2800 region? EDIT: also I am thinking that Qcom is a good way to hedge my short positions because it lookes like Qcom is going to out perform the market no matter which wat it goes.