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


To: surfbaron who wrote (105471)9/24/2001 2:09:37 PM
From: Frederick Langford  Read Replies (3) | Respond to of 152472
 
10 day average vol: 21,331,272
Today's vol: 10,991,400
Looks like this bounce is on 50% of ave volume.

Fred



To: surfbaron who wrote (105471)9/24/2001 2:36:15 PM
From: Pierre  Respond to of 152472
 
surfbaron:

I think we'll end up down 25% or so on volume today compared to last 10 trading days. Closer to average volume for the Q*

I wish I knew the significance, but huge volume last few days clouds significance of today's action - are we seeing volume drying up, or are we returning to the mean?

To give you an idea of how confused I am, take a look at this post from Zeev Hed, who is long Q*, responding to someone who is short Q* since last week. These guys are pretty good short term traders.

Message 16405806

My guess at this point ... I exited early. I'd like to see a pull back to 46 and I'd probably be a buyer if that holds. OTOH, it may just run from here, at least for a couple of more days.

Pierre