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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: StockOperator who wrote (37114)6/18/2002 9:04:15 AM
From: StockOperator  Read Replies (1) | Respond to of 52237
 
Oh yes, once again the action in QCOM is worth noting. Slightly down in the pre-market. The stock is reacting to that bearish close last week. This point is worth repeating simply because I believe it represents the markets "slight of hand", where the public (and the pros for that matter) are more focused on the overall green and fail to see another big tree to fall in the way of QCOM's technical breakdown.

Also, it looks like LEH's numbers are not being well received by W.S.. The close this month should dictate how this pattern ultimately breaks.