Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 151.59

-0.4%

Jan 30 9:30 AM EST

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To: DOUG H who wrote (36089)	7/20/1999 10:37:00 AM
From: Jim Willie CB	Read Replies (1) of 152472

QCOM may have to exhibit some wicked "alpha" soon alpha is a statistical measure of stock performance independent of S&P and other major indexes... high alpha and rising market means huge gains... high alpha and sliding market means some gains or at worst even performance suspect techs will slowly slip in next few weeks... Nasdaq down 58 last I checked, after over 20pt slide yday... if we rise steadily, it may be against the current of money flow... read that the outstanding Laslo Birinyi uses Dow30 money flow as his most accurate predictor of market movement... just checked, and it is high and steady now not to forget: BRING ON THE DEATH MARCH OF THE SHORTS / jim

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