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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: AugustWest who wrote (5381)	10/8/2002 12:10:51 AM
From: bramble88	Read Replies (1) \| Respond to of 57110

I too think 30 should hold for QCOM (+/-0.25); there is even what looks like an island top (in June) keeping it down. Furthermore, the bearish wedge that Jorj pointed out on the daily chart (and the reason I wanted to short this to begin with) is pretty convincing. It may however have some help from the COMP tomorrow morning, judging by the futures so far. I'm thinking maybe gap up to almost 30, an attempt to break resistance, and then a drop. But I suppose that just sounds a little like writing fiction, so lets just see.. I know I would not want to hold over 30.25 or so..