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Strategies & Market Trends : Classic TA Workplace

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To: Henry J Costanzo who wrote (121501)	7/5/2005 5:04:27 PM
From: IHateSourCream	of 209892

>>Your MRVL looking good. IHSC.....<< Regrettably, as mentioned in the previous post -- not MY MRVL (at least not yet). I was still watching it...and doing nothing! <g> >>QCOM.....One would THINK it ought to get SOME support here, and show SOME up....at least to the finally rising 50d MA....36ish....and then maybe it could think of tackling the last 2 38ish highs and the 200d MA.....May be some struggling ahead, though.....tons of resistance 36-37......<< Well...I guess that's a little encouraging. <g> QCOM has admittedly been a frustrating stock to own. In fact, I'd say QCOM was the primary catalyst in terms of my decision to finally learn TA. If I had traded this stock (and many others) over the years rather than just approach it as LTB&H -- it would have been far, FAR more profitable. But you and everyone else on the thread already know that important tidbit of information! <g> Better late than never I suppose. Re: AAPL: >>Guess at this point I'd advise...if anything .....wait for that possible triangle break I talked about this AM...39 to 48/50 wouldn't at all be bad....<< I'd be more than content with 39-48/50! :-) After today's move -- it's already nearing that area. Could you arrange for that break to occur tomorrow? That would work well for me. <vbg> Can't thank you enough for your comments and analyses mc. It's very generous of you to take the time. I really appreciate it. Hope you (and everyone on the thread) had a fabulous holiday weekend (Canadians included! <g>). Best -- IHSC

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