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.

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

To: Jim Willie CB who wrote (42834)	9/29/1999 3:24:00 PM
From: edamo	Respond to of 152472

jim willie...re: "probabilities" i use simple momentum analysis, fairly accurate for short term moves...go to the g+k thread, and notice my post to unc frank at 198 (pre balmer) and earlier at the first move past 190...my opinion is if an issue is overbought, it can only continue upward momentum for so long...again an opinion...but i base my positions on it....not negating an uptrend, it is in an uptrend, but needs to go down to move further up... good luck..ed a.

To: Jim Willie CB who wrote (42834)	9/29/1999 3:42:00 PM
From: MileHigh	Read Replies (2) \| Respond to of 152472

You have to look at the tech heavyweights, they are all getting bruised pretty badly today~ WCOM, HWP, INTC, IBM, QCOM, etc... Not a good sign of leadership. Yea, I am ST bearish, just don't see a move to 200 w/o news. Still long though! MileHigh

To: Jim Willie CB who wrote (42834)	9/29/1999 5:34:00 PM
From: uel_Dave	Read Replies (2) \| Respond to of 152472

Jim <<disagree on prob{<180} exceeds prob{>200} >>. I will have to try your cup of coffee soon ( I might have to get it quick ) and add my to my long position in QCOM. I was going to add more JDSU and NT ( company already does this for me ); however reading your posts along with Mile High & edamo, there may be some opportunities over the next few days / weeks to pick up some more shares of Q. What would drive Q back to the 170s and what would it take to get the momentum back to 199 and into 200s? Do we have to wait for the earnings to reach the 200s? Thanks, David BTW: Which US state have you not visited yet on your travels?