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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: Jill who wrote (4227)	1/24/2005 11:16:44 PM
From: Vendit™	Respond to of 8752

Hi Jill, Let me post the QCOM chart for now and come back to your question in the morning. themarketwind.com Reid

To: Jill who wrote (4227)	1/25/2005 6:49:02 AM
From: Vendit™	Read Replies (1) \| Respond to of 8752

Jill, All of the indicators that I use are in the over-sold areas or buy zones so in that sense QCOM would be a buy. themarketwind.com There is no question that QCOM’s move down is directly related to the general market correction so keep one eye on the QQQQ for a rebound and so will QCOM rebound in lock step. In the chart above I drew what I refer to as the AADD area and shaded it in yellow. That is my way of pointing out the gap or area of “disconnect” in price. If you enter now you should pay particular attention to the upper part of that gap on the way back up because the stock will encounter considerable resistance at that level. Reid