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Greybeard

11/18/03 12:27 PM

#172020 RE: SantaCruz #172012

re: my bet is that the 50 DMA will be taken later this week...not by much though, just to fool everyone...


They tried that trick the last 3 times it touched the 50 dma (Oct low, Sept, low, Aug low). It will truely amaze me if it works a 4th time.


Previous times the daily stochastics had pulled back significantly. Not so this time (at least on my charts). Its going to be much harder to bounce here.

G
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Zeev Hed

11/18/03 1:26 PM

#172042 RE: SantaCruz #172012

There is always a first time....(g). In edit, and out of QCOM for $.58 at $46.28, will try and reposition under $46 again.