Your classic call on the bottom for Aol and others makes
me pay attention to when you mention a short term top in Qcom
Am glad you said short term, as some of these get on a relentless roll like that battery powered rabbit. Those include emlx,jdsu,vrts, vrsn,sunw. So far,from Oct 1998, no long term top in sight. A 3 months tanking on emlx at beginning of year, otherwise about 1 mo down
and they are back at it again.
Any sane person(hehe- scarce) watching Emlx would have to call a top on it at 8X?, at 16X? at 20 x?, at 30X. But there it goes up 38x
in 20 months and still flying.
techstocks.com
I did not compute the share price drop on the dips, if Q did
the same it could be scary, even if its a low %.
If one was calling a long-term top it should be Emlx, not
qcom. As far as shorting that 'dog', its a job for a mighty
brave (or stupid) bear.
And they may all go down if the NAS does.
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