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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: adcpres who wrote (34664)11/2/2000 5:46:48 PM
From: StockOperator  Read Replies (1) | Respond to of 42787
 
adcpres,

You're right CSCO could also be key here. It looks like the immediate effect was positive for QCOM's shares. IMO, there are two things to watch for now: any sour aftertaste once the market has time to dwell on their numbers; and if things stay strong into the open tomorrow, we will most likely gap in the morning. If it does, tomorrows closing price relative to where it opens should be important. That of course combined with the longer term trend overall. Time will tell.

Good trading.

SO