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

To: Maurice Winn who wrote (41546)	9/17/1999 8:52:00 AM
From: Jim Willie CB	Respond to of 152472

Maurice, as usual, you are hilarious, insightful, and worthy of response.. unlike the denigrating left-brained negativity monger Molloy agreed, computer algorithms have been doing a decent job of TA lately.. have seen some impressive examples with Bollinger bands, channels, and entry/exit points.. disagree on neural net anything, with experience seeing dozens of their vain attempts in the workplace at decifering useful outputs.. most neural nets seem pre-occupied with exotic paradigms and 5-stage perturbation sensitivity analyses Molloy, jump in anytime, if you can keep up!!! LAW OF MOMENTUM: MASS TIMES VELOCITY IS PRESERVED with all respect, Maurice, you are missing something truly amazing with momentum nearterm swings in price movement.. money is stored work, its movement embodies action, it elicits reaction, it moves at the speed of light (except when on broker paper trails).. my experience is that in nearterm moves, a stock behaves oftentimes like a pendulum swinging with equal breadth e.g. in April QCOM reacted to pre-earnings profitaking and plunged from 185 to 125.. then good news on EPS announcmt took it back by May 13th to 225, split @112 (my late April TA call was for a run to 225).. if that isnt a pendulum momentum swing, I aint wearing skivvies!!! or did that momentum swing (185-125-225) escape you??? e.g. in August QCOM reacted to post-earnings profitaking and the onset of summer vacations, falling bumpily from 165 to 140 (my early August TA call was for a bounce off 140 with a "cupofcoffee" under 140 midday).. then in mid-August after the silliness of the selloff waned, QCOM rallied to 190.. somewhat predictable or did that momentum swing (165-140-190) escape you??? TA is a complex artful science.. it is misunderstood and dismissed far too quickly.. it exploits the right brain, which suffers from inactivity among too many engineers.. its domain is pattern recognition, sequential processes, and psychological conditioned response.. only about 5% of engineers in my witnessed view employ this half of their brain.. I am unsure Molloy employs either half, his synapses overrun by negativity and checked by blind spots sincerly, Jim Willie