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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Clint E. who wrote (20372)3/26/1999 3:22:00 PM
From: Johnny Canuck  Read Replies (2) | Respond to of 70282
 
I would feel a lot better if I knew what was driving TLAB and ADCT.
All this movement on no fundamental underlying news is not good.
Some of it is probably the QCOM news causing people to look for bargains in the sector. It does confirm the uptrend for now though as speculation is a live and well in the market. I would expect a pull back going into the close as not many people will want to hold over the weekend.

Even LWIN the QCOM spinoff company is up 30 percent today. I ended up with some shares as a result of my QCOM position, but this company's near term fundamentals are in a word is lousy.