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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: JohnG who wrote (36979)7/23/1999 11:45:00 AM
From: Jim Willie CB  Read Replies (3) | Respond to of 152472
 
TA is never irrelevant for option players, margin users, and others who intend to profit in shorterm... to think otherwise is ignorant as hell

why is supply & demand in a supermarket that trades roughly $10 billion per day in QCOM stock irrelevant?

long term, TA is irrelevant for longterm investing to be sure... this stock is now a gorilla, and will become a bigger one

reading the technicals correctly or incorrectly mean the difference of anywhere from 30-60% difference in ROI for options... agreed, most here dont play options

please: fundies dont tell TA to go away... TA dont tell fundies to go away... we have a lot to learn from each other

/ jim



To: JohnG who wrote (36979)7/23/1999 12:02:00 PM
From: Doug R  Read Replies (1) | Respond to of 152472
 
John,

I got the same story from every thread that I ever went to with the message that the chart just reached the limit of irrational exuberance as evidenced by violation of the IL. From RADA in '97 to ASTN in '99. Once you see it happen, you'll ask me where to expect the bounce up to go. Happens every time.

Doug R


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