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To: Jim Willie CB who wrote (6384)3/8/2000 6:15:00 AM
From: Clappy  Read Replies (1) | Respond to of 35685
 
Jim Willie, QCOM TA question:

Is it possible that QCOM's chart is forming a Pennant Shape or Ascending Triangle according to this chart.

siliconinvestor.com

From what I read, it's usually a sign of a breakout soon to follow.
Often on the fourth bounce of the rising trend line of lows, many stocks tend to blow out of the water. (Perhaps this is true only with small caps...)

Anyhow, I was wondering what your take is on this.
Perhaps I'm simply looking at the ink blots and interpreting it to be what I want it to be...

Your opinion appreciated.

Also, you wrote in an earlier post about the Dow:

it lost 300 quickly, then recovered 3/8 of the loss
once again, the Fibonacci 3/8 ratio.

if anyone really is in dire need of the Fibonacci formula for the N-th number in the sequence:
0,1,1,2,3,5,8,13,21,...

just let me know, can be arranged


What is this used for?

-Jack A. Wannabee



To: Jim Willie CB who wrote (6384)3/8/2000 7:01:00 AM
From: Brian K Crawford  Read Replies (1) | Respond to of 35685
 
Hey Jim Willie !

I am interested in your idea of raising cash with leaps sales on the Q and picking up ELON and CREE with the cash.

What strikes are you thinking on QCOM?

Is this strategy a way to pick up a little cash flow and do a staged liquidation and diversification out of Q and into the next set of fast movers?

Brian



To: Jim Willie CB who wrote (6384)3/8/2000 8:13:00 AM
From: im a survivor  Read Replies (2) | Respond to of 35685
 
Jim,

Which Januaray leaps will you be selling, and are you not concerned your shares will get called away ?

Keith



To: Jim Willie CB who wrote (6384)3/8/2000 9:17:00 AM
From: Percival 917  Read Replies (1) | Respond to of 35685
 
Good Morning JW,

Has anyone noticed that since the Naz reached your predicted goal of 5000, that everyone's favorite molly is conpiciously absent. Thought for sure he would be the first one to post and congratulate you.<ggg>

Sorry, I don't mean to stir up that situation again, but all I can say is keep being right and we'll keep molly in the sandbox forever.

Joel



To: Jim Willie CB who wrote (6384)3/8/2000 9:27:00 AM
From: unclewest  Read Replies (1) | Respond to of 35685
 
expecting a deeper pullback on ELON, but nothing big big
maybe something like 60-73


jw,
i am at least 500 posts behind on reading this thread.

did you see this...out this morning.

biz.yahoo.com
unclewest