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


To: Jenne who wrote (46230)10/26/1999 6:27:00 PM
From: KaiserSosze  Read Replies (1) | Respond to of 152472
 
Jenne,

Sorry to sound ignorant, but what does that chart that you posted mean??

Thanks in advance,

Kaiser



To: Jenne who wrote (46230)10/26/1999 6:31:00 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 152472
 
I would like to see your porpoise show up in the next couple days

a daily stochastic which does not fall too far before turning up would constitute a bullish divergence
I believe your porpoising is a verbalization of what I refer to as a bullish divergence

the QCOM stock drops down, but daily stochastics pick up as the bottom is established
then comes recovery like last Thursday

I thought we were building such a nice floor at 212
somebody messed it up and cracked it up
/ Jim



To: Jenne who wrote (46230)10/26/1999 6:50:00 PM
From: cfoe  Respond to of 152472
 
I too could use help in understanding the significance of the chart. A PM would work fine.
Thanks.