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Author: Romularus Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 47759  
Subject: Re: QCOM 200? Date: 2/2/2000 1:14 AM
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I would be the first to exult in Q going past 200, however I see a few hurdles outside the control of Q that will directly affect the stock price. The "market" has an uncanny ability to rain on a beautifully sunny stock. The volatility currently experienced in the market is exciting but can also act as an old ball and chain, especially with some resistance levels to overcome. That intraday chart on Q today does seem wishy-washy despite the remarkable news on China.
I have discovered technicals and trends to be an incredible asset in determining short-term movement on a stock. Stochastics and MACD are showing amazingly positive signals presently but the support/resistance is ominous.

Happy Trading!
Obesa cantavit!
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