Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 163.33

-1.0%

Nov 25 3:59 PM EST

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To: Jim Willie CB who wrote (41371)	9/16/1999 9:43:00 AM
From: Uncle Frank	Read Replies (1) of 152472

>> it is a confirming tool But you have to admit that TA can be a dangerous tool in the hands of the unskilled or unscrupulous. A business associate of mine has been a Q holder for 3 years, mainly by accident. When I found out last month, I updated him on Q's progress and urged him to add to his modest position, which he did. On Tuesday, his broker called and urged him to sell; she knows nada about Q, but claimed the graph showed Q was very overextended, and spouted some pseudo technical analysis. Come to think of it, this isn't about TA; it's about why brokers are the second largest cause of rotten returns. Imo, the first is diversification. Have a charmed day, uf

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