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

To: pompsander who wrote (29582)	10/5/2001 2:28:40 PM
From: TREND1	Respond to of 30051

QLGC seems to have jumped above it's Sep 10 close. That is 2 Q's above now. Larry Dudash

To: pompsander who wrote (29582)	10/5/2001 2:31:07 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 30051

We are getting closer to my cycle bottom of $35 on QCOM, it may become a unique buy soon. In the meanwhile, time to take some profits off the table. QLGC just went for $27.40 another $1.10 profit. BRCM just went at $25.35 for another $.50 pofit, and BCD went for $19.98 here for another $.80 profit. Zeev

To: pompsander who wrote (29582)	10/5/2001 8:06:06 PM
From: Bocor	Respond to of 30051

>>The QCOM breakdown is troubling to me. The story is still good long term and I had hoped they would persevere through this period as one of the sort of still golden growth stocks. >> In a bear market, they get them all, period. No stock, no matter how compelling the story, can escape the downturn, and when it hits a personality stock like QCOM, it is vicious, and will take it down much farther than anyone would think. Just look at today's volume...more than mom and pop selling today! Remember CSCO.....looked like a bargain at $35, didn't it? Be careful with those falling knives~