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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.35-0.4%Dec 4 3:59 PM EST

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To: KyrosL who wrote (37420)7/31/1999 3:48:00 AM
From: Maurice Winn  Read Replies (1) of 152472
 
KyrosL, surely the whole point of it is that TA 'knows' that it is going to go down. Which seems silly to me because everyone who does TA 'knows' it will go down so will have already sold it, so the TA people don't have any more to sell, short or otherwise, therefore it could just as well go UP!

BUT, if it is the real McCoy, the proof of TA should happen in a LOT less time than a year. The right shoulder is supposed to be the trigger 'event'. So it should be down the big chunk within a month. Or even a week, looking at the scales of the graph.

Should be fun to watch.

Mqurice

PS: This feels like pretending to be a church member discussing theology with the priesthood.
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