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


To: Venkie who wrote (24436)12/12/2000 1:18:42 PM
From: edamo  Respond to of 65232
 
venkster....you like to live on the edge....spread some of that adrenalin around!!!!

qcom may pull back a bit to the high eighties from what the momentum indicates....but this is an extremely emotional market....direction can change instantly...i'm too conservative, some very tempting stuff out there, but i'd rather wait until a real direction is confirmed....we are in a bottoming, just how long?.....fed is the real key to establishing a trend......things look a bit like slow motion at the moment...

ed



To: Venkie who wrote (24436)12/12/2000 1:26:35 PM
From: horsegirl48  Read Replies (1) | Respond to of 65232
 
Is the news about qcom bringing it down the royalities thing. I know Greg thought it would stall in the 110 range. I would like to buy it too, but also want to see what the market will do. I really feel we will go up, profit taking of course like today. But by no means is it over, that will take awhile. But a nice Xmas rally is in order.
HG48



To: Venkie who wrote (24436)12/12/2000 1:26:36 PM
From: George Schulte  Read Replies (1) | Respond to of 65232
 
Venkie I am also watching QCOM I sold my position at 101.00 after buying in at 78.00 I look for it to go under 90.00 think I will buy back near that level but is just a guess I think the way the court rules later will run the mkt one way or the other I was betting on a Bush victory but not to sure now they could order a recount with the standard to be followed in whic case we are going lower Good Luck George Schulte