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

To: Zeev Hed who wrote (29585)	10/5/2001 2:42:25 PM
From: Pierre	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 Zeev, will you then "invest" in QCOM as another core hold, or will you still be just trading it? Also, do you expect QCOM to revisit this area (mid 30s)in December coincident with the swoon you predict for the end of year? Also, saw an interesting assessment on QCOM that concluded a washout to the 25 to 30 range would be required to put in a bottom as that is the point at which the "true believers" and ltb&h types moved into the stock. As always, TIA. Pierre