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


To: Alski who wrote (31829)9/1/1999 8:29:00 PM
From: Doug R  Respond to of 79477
 
Alski,

QCOM was a stubborn cuss alright. Happens sometimes with these IL violators. Let's see now...the time frame given at first was 10 weeks. That's not exact of course but at this rate, still on track. 100 to 105 has been the target for that time frame all along so there's room.

As for shorting at 198.5...nah...I missed that by a mile this time. Before I realized all hell was breaking loose, it was crossing into the 170's.

As for gloating...the GTNR trade still has me feeling pretty satisfied. The model hit the low exactly and only missed the top of the RR by 1/16.

Including the RR, QCOM has a bunch of points well mapped out and ripe for the picking. Wang Wei should get his full metal margin going on it. >>gg<<

Doug R