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


To: waverider who wrote (71193)4/25/2000 12:07:00 PM
From: jmanvegas  Read Replies (2) | Respond to of 152472
 
TA is not an exact science which pinpoints exact prices. It looks at trends, whether daily, weekly, monthly, etc. to attempt targeted price areas. What do you want - where QCOM should trade to within an 1/8 of a point. I stated that IF the Naz traded down into certain areas, I foresaw QCOM trading down to certain price targeted areas. That's why I disclaim because TA is not exact and many times can't be relied upon. I'm not one for predicting exact prices since any fundamental news item, whether good or bad, could turn any TA analysis on its head. The fact is I stated that if the Naz tested near its lows QCOM could trade down to the high 80's - low 90's. That happened yesterday. Are you saying I was incorrect? I also have put out other price targets IF the Naz trades down to certain areas since I believe QCOM won't buck any additional downturns IF they come to be. So I state possibilities where investors or traders may want to look at for buying or selling decisions. I'm not saying I will be correct in the future. That would be totally pompous of me. Obviously, you're looking to pick holes in any post I write. Why don't you spend some quality time picking your nose.

jmanvegas
(a member of the quack, quack club)

jmanvegas