Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 178.29

-1.6%

Dec 12 9:30 AM EST

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To: Cooters who wrote (79255)	8/31/2000 11:51:17 AM
From: marginmike	Read Replies (1) of 152472

Looking at block trades on the bid or ask is useless. There is no way to determine if they are buys or sells or how many shares are actually trading. The only way to see the stock MVMT is to look at a volume inrelation to which way stock is moving. IE if big blocks are on the ask and the stock doesnt weaken and continues up its accumulation. and vice versa. In Qcom's case it seems like the stock is being distributed, wherin somebody is buying the stock and selling into rallies.

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