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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Caxton Rhodes who wrote (113227)	2/13/2002 8:56:42 PM
From: David E. Taylor	Read Replies (3) \| Respond to of 152472

Caxton: I would call it a giant falling wedge.... The very words are enough to strike fear into an army of LTB&H's!! But....I'm really glad that it's "bullish"! If the usual "rule of thumb" that the market anticipates 6 months forward holds true, we could certainly break out before October. But I've reluctantly come to the conclusion that QCOM's well positioned future is not that obvious to that nebulous entity known as "the market", so chart patterns/technicals may well prevail until the revenues/earnings begin to "speak for themselves". David T.

To: Caxton Rhodes who wrote (113227)	2/20/2002 11:47:56 AM
From: David E. Taylor	Read Replies (2) \| Respond to of 152472

Caxton: Looking at my long term chart for QCOM, I notice that the lower line of the pernicious and persistent short term downtrend (Nov/Dec 2001 to present) is about to intersect the lower line of the ominous and overpowering "giant falling wedge" (Spring 2000 to present). This cataclysmic collision is scheduled to occur on Friday, 2/22 at around $32.50. There's probably a TA term for it, but if there isn't, maybe you can invent one. It's anybody's guess as to what will happen subsequent to this momentous event. David T.