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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.03+1.0%Nov 24 3:59 PM EST

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To: Jim Willie CB who wrote (41313)9/15/1999 11:37:00 PM
From: Chris O'Connor  Read Replies (3) of 152472
 

Message #41313 from Jim Willie CB at Sep 15 1999 11:19PM

<<TA = Hocus Pocus>>

"written my person wholly ignorant of human psychology, laws of supply and demand, herd mentality, and probably suffering from deep seated insecurity rooted in that ignorance"

If you put 10 technical ANALysts in a room, 5 would argue that the charts idicate the stock is going up and 5 would say the charts indicate the stock is going down. Just read the different thougths from the various TA people on this thread. Some were telling us they were correct in predicting the bottom was 155 and others were calling for more decline (Just read the posts from monday to verify this. They are in hiding now). Now please tell me why fundamentals and news mean nothing while the charts are never wrong? Also, why are there several interpretations of each technical rule?
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