Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Caxton Rhodes who wrote (6619)	12/18/1997 9:42:00 PM
From: john griffin	Read Replies (1) \| Respond to of 152472

To ALL: Where is the price going tomorrow, looks like asian markets are down now. In at 67,60&50 cannot afford anymore if it goes down. Will the drop be large and should I get out??? Noticed ERICY also down today is this general market or related to the preliminary vote on the new standards??? Any help , thanks, JOHN

To: Caxton Rhodes who wrote (6619)	12/18/1997 9:44:00 PM
From: METMAN	Respond to of 152472

Caxton: You must be one of those T&A kinda persons (no offense to the women out here), rather than a TA kinda person. Given your astute analogy, it looks like we've haven't quite reached the "feet" yet...thus I expect more downside in QCOM's price, given it's recent weakness. Next support level around 44-45? Then 38'ish? Anyone else offer some ideas on the next support levels? How has triple witching played into today's decline. Are MM's trying to make some options worthless again for Friday? metman

To: Caxton Rhodes who wrote (6619)	12/18/1997 9:46:00 PM
From: Pierre	Respond to of 152472

It does. It really does! Way too funny. Great eye - I suspect your more of a TA guy than you're letting on. Pierre

To: Caxton Rhodes who wrote (6619)	12/18/1997 10:14:00 PM
From: Sawtooth	Respond to of 152472

Caxton: <<I'm not a tech analysis type guy, but the year chart looks like a woman on her back with her knees up, usually a good sign.>> Indeed; you are very astute. This formation typically signals that the stock will either go up or down; if it does not trade flat. Not always an easy line to analyze as there is a tendancy to focus too intently on various segments of the pattern to the exclusion of other areas. You must be well practiced in spotting this type of formation! ; )