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could be, or could be the makings of a descending triangle, with a coming
breakout to
the downside.
Fundamentals couldn't be more out of whack (but that is how it got to its
current absolute insane price -- by short covering).
Chasing bubbles like this is a recipe for disaster. IMHO
----- Original Message -----
From: Phil Lane <patterntrader@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, January 18, 2000 3:31 PM
Subject: [RT] Qualcomm - at a low???
> Nice volume dry-up on the pullback - Accumulation/Distribution in the IBD
> still ranks A.
> Support (line drawn) at 132.
>
> Phil
> http://www.patterntrader.com
>
>
>
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