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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Venditâ„¢ who wrote (827)6/28/1999 9:07:00 PM
From: freeus  Read Replies (2) | Respond to of 19374
 
Please look at qcom and tell me if I'm off base or correct in my analysis (I realize it may not do what I think even if I'm correct like today for example it didnt thank goodness I kept those options).

Qcom: I used a daily chart. I used candles, 6 month, 100 and 200 dma, sto 15=5=5 Williams 12 Macd 12-25-9.

Here is how I interpret it:
Top chart: Obviously last day is a white candle which is up but could fall to 105. Thats the 50 dma. Qcom doesnt seem to fall to its 100 or 200 dma, or at least it hasnt in a long time.
Volume: low: maybe this big up day is not so important after all
Stochastics: Topping out: up but dangerous
Williams: topping out: up but flattening and dangerous
MACD: still on a buy signal but bars may not be growing...unsure

Does this seem accurate?
Summary: Buy but a risky one.
Freeus
Another on another post



To: Venditâ„¢ who wrote (827)6/28/1999 9:54:00 PM
From: JB  Read Replies (1) | Respond to of 19374
 
I noticed..Loved the GNET move, and it looked like AOL established a solid floor. My partner seems to think a 25 pt move by the fed won't be good enough to sustain a full on summer rally. He feels everyone will start worrying right away again and wants to see a 50 point move to get it over with. I'm telling him it will kill the rally?? completely. Will know soon enough, Starting to feel better though, I can tell you that much. JB