Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 165.07

-1.0%

Nov 18 3:59 PM EST

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To: Jim Willie CB who wrote (65645)	2/1/2000 12:47:00 PM
From: C E D	Read Replies (1) of 152472

TA: the 18day MA was at 152-154 two weeks ago it now is around 140 heading downward for last 6 days it surely could flatten and turn up my experience is that when downward MA's are encountered, at least temporarily, the stock meets selling then after recovering, the MA's are becoming more aligned I see 140 area as a rest stop for this impressive reversal recovery. The other day the earth was aligned with the moon and sun, we had a eclipse. This is the part of TA that makes no sense to me, when there is major news TA is out the window. Such as 60 minutes is in the outer office and wants to see the CEO, nobody knows where the CFO is, but he bought tickets for his family to the Caymen Islands. The China news could change the expectations of revenues to push this stock to over $200 this month, TA can't cover these variables. Regards, CED

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