SI
SI
discoversearch

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


To: JohnG who wrote (37085)7/24/1999 12:36:00 AM
From: Jim Willie CB  Read Replies (4) | Respond to of 152472
 
ignoring TA is a sickness
diverting attention from the supply & demand of $500-700 million daily QCOM market, that can lead one to think a strong company cannot drop in price

the real warning is failing to realize that the growing unanimous sentiment about QCOM and its future dominance results in a growing shortage of available new buyers... some just got scared out... some are getting prepared for vacation... some just got suckered in

after a brief failed attempt to match the old high, expect a surprising (and totally unjustified) drop to 140 after some bounces

YOU GUYS ARE TECHNICALLY CLUELESS

did any of you see midApril scary drop to 125?
did any of you see midMay churning drop to 91?

none of you see the bumpy ride to 140 coming... then comes a strong run to 200, at which time you will say it never mattered to drop & churn & bump

this is the right war, but my point is that gorillas get wrestled to the ground occasionally, esp when sentiment becomes unanimous and its followers become cocky

I warn you because I love you
/ jim willie