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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?

To: Lane who wrote (13059)	8/5/2002 1:53:37 PM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 17639

to me, it indicates that QCOM has further weakness ahead. But I wouldn't jump into a short here. And this is me personally, but I would wait for a bounce to 24.50-24.75 and then I would short. That is based on the current setup. That could change. If QCOM decides to drop like a rock...oh well, that one got away. I like to establish my short positions on a bounce, not the drop. (Just like I prefer to enter my long positions on the pullbacks, not the breakouts).