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: Jim Willie CB who wrote (43385)10/5/1999 2:16:00 PM
From: Jon Koplik  Respond to of 152472
 
FOMC leaves int. rates unch, but changes "bias" towards possible higher rates later.

Jon.



To: Jim Willie CB who wrote (43385)10/5/1999 2:18:00 PM
From: Jim Willie CB  Respond to of 152472
 
<TA> very shorterm on QCOM
we have a 7-day head&shoulder cup&handle pattern evident
its top is 195... its bottom is 183

furthermore, shorterm moving averages are to be aligned in a matter of hours
in english: 18hrMA soon will rise above the 50hrMA, where it belongs on a rising stock

if and when we breakout, look for target of 207 pronto
good sign if QCOM closes at or near its high for the day

anyone notice how change back to neutral bias in June preceded a rate hike?
bias is their protective hedge, a stock market firewall
now change to raising bias in Oct should mean
THE FED WILL NOT RAISE FOR SOME TIME

lots of coffee to consume though in 195-197 range
drink, drink, pee, rock&roll, on to 2nd pavilion
/ jim



To: Jim Willie CB who wrote (43385)10/5/1999 3:57:00 PM
From: cfoe  Read Replies (2) | Respond to of 152472
 
<I maintain that the Japanese economy is about as poorly managed as the Communists'...>

Could not agree with you more. And what continues to amaze me is how "smart" people in this country keep pushing for more management and control fo our economy. As if bureaucrats here are smarter than elsewhere.