Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Gene S who wrote (31226)	7/24/1999 1:49:00 AM
From: Doug R	Respond to of 79227

GENE!!!! It's not me!!! It's the IL!!! Ok ok...here's the deal...QCOM may be a killer company. And I have no doubt that this could be true. However, there comes a time in every company's history where the stock's activity decouples from the fundamentals. Let's just say that QCOM is a Gorilla (note the capital "G"). WELL, the IL violation was accomplished within QCOM's own context. Any IL violation is accomplished within the particular supply/demand context of the company in question. The IL is not established and broken in relation to any other activity than that specific to the behavior of the company in question. It's not ME that's making any judgement. I don't make judgements. I just monitor chart and/or technical activity in order to find stocks that fall into the parameters I have found to be highly significant. I don't claim to know every highly significant technical situation. I don't claim to be right every time. I don't look for "agreement" because I'm not asserting anything other than the fact that stock "XYZ" is behaving in a manner that I can quantify. Ok...now I'm ready for the barrage of "assertions" on the QCOM thread. ;-) Doug R All the best, Dr. Voo