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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.03+1.0%3:59 PM EST
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To: Jenne who wrote (41263)9/15/1999 10:51:00 PM
From: Chris O'Connor  Read Replies (2) of 152472
 
SuperModels update, What a JOKE. I love the last 2 sentences.
"Chart readers would expect the stock to approach
its old high of $198 before collapsing again-a bearish event known as "making a double top." Only a powerful move through that old high on strong volume would be truly bullish- and of course, that could happen."
That's what I love about TA. They cover themselves if it goes up or down but still tell you nothing in the end. How many TA people were warning us when we were at 155 earlier this week that more decline was to come. After all, the charts don't lie??? Sorry, I still believe that if the charts didn't lie everybody would use them and we would all make money.
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