Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.54

-1.2%

3:59 PM EST

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To: Maurice Winn who wrote (62505)	1/16/2000 12:14:00 PM
From: Jim Willie CB	Read Replies (1) of 152472

Maurice, you continue to misunderstand momentum swings in price movement you ask me to test the principles out on at least 5-6 occasions since April, my TA targets were reached via momentum swings... I refer to Cup&Handle patterns... the momentum is realized in the course of 2-5 weeks... for instance, in late September we went from 190's down to 160's, then lingered as it attempted to regain its balance upon change of direction... the momentum down turned into momentum up... I refer to only a few weeks here the Cup&Handle pattern is probably the singlemost reliable and predictable pattern of shorterm price movement... perhaps we define "momentum" differently... thousands of traders profit from it constantly, including me hint: you can see the momentum only if you open your eyes / Jim

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