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


To: Jim Willie CB who wrote (117603)4/29/2002 4:22:52 PM
From: David E. Taylor  Read Replies (1) | Respond to of 152472
 
Jim:

Closed a smidgeon below that lower "wedge" trend line. Not a good TA sign, and if tomorrow is another selling day, we could be out of the TA guidelines and down to that mid-$20's level sooner than October.

I'm going to wait and see what happens before pulling the trigger on any more trading buys, stock or call options. Sure not inclined to short it or buy puts here, I'd rather wait it out for the upside.

David T.