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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.600.0%2:09 PM EST

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To: JohnG who wrote (36832)7/22/1999 4:38:00 PM
From: Doug R  Read Replies (1) of 152472
 
JohnnG,

I get comments like that all the time. Actually, the supply/demand dynamic in any stock doesn't appear overnight.
I'd say that anyone trying to understand what's happening with a stock who doesn't understand that historical data is extremely important in most cases, is relying on "witchcraft".
The chart template that QCOM fell into is one of those cases where a dynamic created in the past becomes most important.

regards,
Doug R
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