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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.01-0.3%Nov 14 9:30 AM EST

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To: JohnG who wrote (36979)7/23/1999 11:45:00 AM
From: Jim Willie CB  Read Replies (3) of 152472
 
TA is never irrelevant for option players, margin users, and others who intend to profit in shorterm... to think otherwise is ignorant as hell

why is supply & demand in a supermarket that trades roughly $10 billion per day in QCOM stock irrelevant?

long term, TA is irrelevant for longterm investing to be sure... this stock is now a gorilla, and will become a bigger one

reading the technicals correctly or incorrectly mean the difference of anywhere from 30-60% difference in ROI for options... agreed, most here dont play options

please: fundies dont tell TA to go away... TA dont tell fundies to go away... we have a lot to learn from each other

/ jim
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