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

To: limtex who wrote (37885)	8/11/1999 12:53:00 AM
From: Maurice Winn	Read Replies (2) \| Respond to of 152472

bigcharts.com Limtex, while Alan Green$pan talking about raising interest rates would give stock prices a downward emphasis, it is by no means the ONLY reason for markets to drop. That link is my favourite, now that I am a world renown TA expert. The Head and Shoulders [that's a TA term] combined with the 97 day moving average bond price Nasdaq ratio with commodity price index multiplier effect means that a lot of Internut investors are in the pooh. Which is again a technical TA term meaning that they will be getting margin calls soon and they'll be getting very nervous and sweaty, [if not yet right in the pooh], starting to unload a few shares in advance. The reason the Internuts go down is not because of Alan but because while there is one born every minute, that one doesn't have the free cash flow to hold the Internuts suspended in defiance of financial gravitons. My Graviton Spin Reversal [TM] device can do that, but they don't have it. So, stock prices of overpriced stuff will drop as reality sets in and panic spreads. That overflows into other stocks - because a person getting a margin call can sell either their Yahoo.com or their Q.com and they might choose their Q.com to sell. As it all drops, more and more people find themselves up against the margin call wall and when they sell, down she goes some more. There are millions and billions of events which have impact, but a doubled oil price is a significant impact - one of the bigger ones. That event has happened and is still happening. While the % of the economy held by oil is much smaller than 20 years ago during the last big oil increase, it is still significant. Also, when the world's foremost TA calls a stockmarket decline to 8314 by 21 August, it is a foolish person who disbelieves it since it becomes a self-fulfilling prophecy if other factors [Alan G, Internut P:E, Oil, Fear of Falls and Margin Calls] force movement in that direction anyway. That Head and Shoulders graph is so neat. It should slide to 200 or even 150. That'll be a LOT of fun. Q! stock will drop too because of the overflow effect on margin calls to other stocks in those people's portfolios. [Or peoples'] Are we having fun yet? Mqurice T.A. Don't forget though, Dow 16,000 Feb 2002.