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

To: jazzcat2000 who wrote (54026)	4/21/2002 4:53:02 PM
From: jjstingray	Read Replies (2) \| Respond to of 99280

Jazz, you may be right, but how far is Qcom going to be able to run if the Naz is crumbling. They are too closely tied for one to run away without the other. Like I said before, I think the highest Qcom will run is $42ish. I would short the crap out of the stock at athat point.

To: jazzcat2000 who wrote (54026)	4/21/2002 10:45:25 PM
From: augieboo	Read Replies (2) \| Respond to of 99280

Personally I expect QCOM to move upward on Thursday. It may very well do just that. Okay, so it moves up on Thursday ... and Friday ... and next Monday. That just makes it a better short by next Friday at the latest, IMHO. Me thinks this will move the price of the stock as opposed to your interpretation of Murphy's "continuation head and shoulders pattern". Actually, I would not have seen that pattern if JJ had not pointed it out. My own take is that QCOM's chart looks plenty bad without the bearish continuation H&S. augie