Qualcomm Incorporated (QCOM) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 176.31

+1.9%

Jan 5 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Maurice Winn who wrote (13034)	7/27/1998 8:00:00 PM
From: Jon Koplik	of 152472

To all - no one really followed up on that post that led to a "point and figure" chart on QCOM. I do not use point and figure charts; and my natural reaction to them is "this is ridiculous," but I am aware that a lot of very smart and very long term observers of stocks, bonds, and futures swear by them. In this week's Barrons, there is an interview with Alan Shaw (who I think of as "Louise Yamada's boss") (Louise Yamada has occasionally been a guest host on CNBC; and has just totally "blown me away" with her intelligence and knowledge of markets). Alan Shaw describes how HE thought point and figure charts were absurd (around 1961-1962), until they exactly predicted a huge move in the stock group he was then covering (using fundamental analysis only). Anyway, the article is worth reading. (I am going to respect Dow Jones' copyright, and $49 a year charge for WSJ + Barrons, and not copy the article here). Jon.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next