Replies to post #35940 on Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

I am long QCOM, and I believe that Nokia's comments that handset sales are resuming their uptrend is affecting it. I have commented before on QCOM that it might have a shot to the mid $40, I see $37.30 or so (the top of the May gap down) as the first main hurdle, and will be selling my QCOM soon after the opening. I would say the new box is roughly going to be in the $33.75 to $37.5, for a little while, and then we should break up.

Zeev

[FinnTroll]

My comment on QCOM is 's**t!' I dumped it at the close for pennies profit. AH action is too unpredictable. I think we're seeing THE BOTTOM here and it will be whipsaw city for awhile.