Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 159.42

-1.2%

Jan 16 9:30 AM EST

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To: Caxton Rhodes who wrote (113242)	2/14/2002 4:29:08 AM
From: Maurice Winn	Read Replies (1) of 152472

<TA is great looking backward, you can always find patterns then, its going forward that is tough. > As children we used to see patterns in clouds. All sorts of shapes were obvious. TA is like watching clouds. We see all sorts of patterns and think we can predict what's coming from them. We can't. Weather is notoriously unpredictable, even with satellites, barometers, supercomputers, mathematics masterminds, climate charts, historic records and weather rocks [rock hanging on rope]. Seeing a flock-of-sheep formation does NOT mean that a shepherd shape will follow. It might be a B52 coming next with a Tomahawk missile or laser-guided bombs. TA is a load of nonsense. But I admit to not buying at the peak. I always wait until there is some market mayhem going on in a stock, which seems to be at least once a year or two. So I guess that's TA. My stochastic regression analysis of triple wedge inversion bottoming for QUALCOMM shows a step function upward revision to new stoichiometric ratio highs in turbo-boost concatenated demand formations. Mqurice

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