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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Sully- who wrote (22677)12/7/2000 3:14:41 PM
From: pinhi  Read Replies (3) | Respond to of 65232
 
Very good point, Tim. I guess QCOM's relative strength in here makes me feel like it wants to go higher. The stock is acting well and I'm not going to argue with it. Weather I feel it is overvalued, or extended or what whatever is of no consequence. It's only the market's opinion that matters.

Pinhi



To: Sully- who wrote (22677)12/7/2000 3:43:18 PM
From: edamo  Read Replies (1) | Respond to of 65232
 
wstera...."a" and "e" ratings...

doesn't work as a contrarian indicator....an issue being accumulated is akin to a solid support or base building....heavy distribution is large block selling, which takes the floor out of the share price...