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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (30502)	2/16/2002 1:07:50 AM
From: jjstingray	Read Replies (2) \| Respond to of 99280

AJ, something is up at Qcom. The stock is basically almost all the way back it was at last week. You would think that the reversal it had last week on almost 60.0 M shares would have provided a nice sustained rally. So much for that. This stock is broken and I bet it breaks $25 in two weeks. I am shorting the hell out of it on any sort of rally next week. I have followed this stock for 8 years and something is definitely wrong.

To: ajtj99 who wrote (30502)	2/16/2002 3:38:21 AM
From: I. N. Vester	Read Replies (1) \| Respond to of 99280

aj did you short any brcd? I had started selling at 32 after the technical breakdown last week. Did not expect the recovery to 35 pre-CC but was pleasantly surprised they did not get it pumped even higher after the CC and that it came crashing down so quickly. I shorted a bit more at 34.5 Weds, covered the latter today at 30, very nice quick gain, will short those shares again if it can raise it's head tues am. meanwhile the shares sold at 32 in are itm and will be happy to see how far it can break down. remind me to roll some profit into AVCI. sounds like a good 'value' play for the bounce if it gets down to your price.

To: ajtj99 who wrote (30502)	2/16/2002 6:38:58 AM
From: orkrious	Read Replies (1) \| Respond to of 99280

The past 2-years, we've hit new lows in 1-3 months 80% of the time the 20-day SMA has crossed over the 50-day SMA from above. That event happened a couple weeks ago. Is it going to happen, or is this going to be one of the exceptions? I actually believe it may be an exception. No way. This market is becoming unglued. People are now going to be questioning the accuracy of the numbers. ENE was first. IBM next, and IBM is typical of how the numbers were cooked. Credit is becoming a problem despite the sea of liquidity. Just call me mini-Fleck. We are in deep sh*t. ork