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

To: Justa Werkenstiff who wrote (20813)	10/4/2001 3:43:30 PM
From: DukeCrow	Respond to of 52237

GE has been weak almost all day. May be just resting, but it seems to be trading in a rising wedge on tapering volume since the 9/21 lows just like the SPX. You can also draw it from the 9/24 lows. In that case, today's action may be a potential break of that wedge.

To: Justa Werkenstiff who wrote (20813)	10/4/2001 4:34:30 PM
From: donald sew	Read Replies (5) \| Respond to of 52237

Justa, >>>> QCOM chart speaks to weakness. Stock in down channel while Nasdaq higher. Last two days heavy volume changed hands with declining share price. <<<< Thanks again for high-lighting QCOM. Unfortunately, thats not a good situation for the NAZ/NDX, since QCOM is the 3rd largest component of the NDX at 4.8%. Only MSFT and INTC are larger than QCOM at this time. dynamic.nasdaq.com I realise that QCOM is significantly smaller than MSFT, which is 12% of the NDX, but QCOM doesn't have a P/E. I realise that I will get some comments on it, and I will be the first to say that Im not an expert on QCOM, but when one pulls up info on QCOM, there is no P/E. In the past I have already received posts saying that such is incorrect, please tell that to the ones who are posting that data. The point that I am making is where is the bottom in a stock with no P/E in a bear market. At least with a P/E those with limited knowledge of the stock have something to measure it with.