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To: marginmike who wrote (21434)11/17/2001 12:45:28 PM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
No, QCOM won't go to $100. That's pretty silly imo. (But please, let's not argue it. We have heard each other's opinion.) My target for this as a 'c' wave would be below 2500, but I don't care whether it's 2150 or 2500, the prize is the coming decline under this scenario. This countertrend bounce serves only to lather bulls and fool traders.



To: marginmike who wrote (21434)11/17/2001 12:48:15 PM
From: AllansAlias  Respond to of 209892
 
BTW, the pullback I see coming after this next pop goes back to NASDAQ composite 1800 or so, then a final push to end this advance. Could happen more quickly than the bulls would hope -- that's the idea of a 'c'.


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