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

To: MileHigh who wrote (47976)	11/5/1999 10:23:00 AM
From: Voltaire	Read Replies (2) \| Respond to of 152472

hi MH, Gaps can only be filled when pressure is reduced. I wish everyone could be at the QCOM stall this morning at the NAZ, you would not believe the pressure. V

To: MileHigh who wrote (47976)	11/5/1999 10:27:00 AM
From: rel4490	Read Replies (1) \| Respond to of 152472

Some gaps are never filled. They are called Breakaway Gaps.

To: MileHigh who wrote (47976)	11/5/1999 10:29:00 AM
From: Bux	Read Replies (2) \| Respond to of 152472

What is your take on gap trading? My experiences have shown me that most gaps are usually filled, we are getting futher and further away as we speak. Yes, it's unusual for gaps to go unfilled. I would not rely upon absolutes with this company, it is in an unusual position. Bux

To: MileHigh who wrote (47976)	11/5/1999 10:39:00 AM
From: Boplicity	Respond to of 152472

Some PMed me with the following questions: "Which indicators do you use in predicting price/movement? Where is Q going short-term? Profit taking soon?" For the general market I like to use Mcclellan Summation Index. For a stock I'm a big believer in trends. I like to draw two lines on a stock chart, connecting the top of highs and the lows, this a channel, I want the stock to stay in this channel. Along with that, I like to use Stochastics Period 20 sk: 5 sd:10 simple, I'm looking for stocks that will run in the upper portion with the sk and sd in a flat line, I like to find a stock that the sk line is crossing over the sd line at the bottom, on a 1, 3, 5 day chart. I like to see a vol. jump at the bottom after a long base period before I buy. Now that's TA. I want a reason for that the vol. jump, NEWS RULES always. I like to look for stocks that have what I call investors mindshare. IOM, AOL, EBAY are good examples of that as is QCOM. With EBAY all those bidders loved EBAY were built in buyers. For me it was all those people walking around with cell phones in Bondi (I saw girl doing cart wheels naked on the beach, after she was done, see pick up her cell phone, nothing but here long legs, and hair blowing in the ocean breeze to talk to someone) it was light bulb time. I had followed QCOM since IPO, I knew they had something big. Q is going higher. LOL There always will be profit taking, your guess is as good as mine when that will be. Greg

To: MileHigh who wrote (47976)	11/5/1999 10:41:00 AM
From: slacker711	Read Replies (1) \| Respond to of 152472

What is your take on gap trading? My experiences have shown me that most gaps are usually filled, we are getting futher and further away as we speak. If i remember correctly there is a gap at 50 (after the E announcement ) that we have come a long way from.....I wonder whatever happened to the guy who was on the board during August that absolutely guaranteed that the stock was going to go to 100. He supposedly had a system which had been succesful each and every time it was triggered, with the one exception of MSFT.....and now Qualcomm <g>. Slacker