Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Pierre who wrote (29413)	10/4/2001 12:17:22 AM
From: Zeev Hed	Respond to of 30051

I got back in within 5% of the year low (and at a nice discount to my last sale), furthermore, unlike 900 other NAZ stocks in the last two weeks, QCOM as not breached its yearly low, I see the weakness as rotation into some weaker stocks, from stronger stocks (just as we had some weakness in stalwarts like IMCL, TARO and IART today) which will be corrected once outsized gains in other stocks are redeployed. If it breaches the year low, then QCOM could easily go to my "cycle low" target of $35, right now, it is not very likely, IMTO. Zeev