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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: T L Comiskey who wrote (18278)11/20/2000 10:49:08 PM
From: Boplicity  Read Replies (2) | Respond to of 65232
 
re: QCOM

I believe the party is over with short term, It will be hard for QCOM to move against the market like it is, until the market turns or we get more news. The tell today was INTC downgrade and no movement down, also IBM is acting better, even CSCO. SOmeone pointing out TLAB's to me, it's the recovery mode so I'm seeing more and more signs of a bottom or oversold condition. Frankly I believe the market is like a spring that has been pushed down and ready to move higher on any positive news.

Greg