Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 175.32

+0.3%

Dec 8 3:59 PM EST

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To: Boplicity who wrote (59729)	1/5/2000 1:09:00 PM
From: CAtechTrader	Read Replies (4) of 152472

Hi Greg, Yes we are long and have been since last April, adding along the way. As posted this morning we bought more at the 140 ish level this morning. I take issue with the TA by "the Intelligent Speculator.com" here. In his ground-breaking treatise written in 1934, Richard Donchian, the Granddaddy of Technical Analysis, said that one on the best places to add to a stock was the morning after the first sharp decline after a large run-up in an issue. This morning is a classic case of that principle in action in QCOM. All the best Greg.

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