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


To: Uncle Frank who wrote (97002)4/5/2001 6:03:47 PM
From: samim anbarcioglu  Read Replies (1) | Respond to of 152472
 
Frank, >>The fact is, nobody knows, right?

Except for the TA guys.. gg



To: Uncle Frank who wrote (97002)4/5/2001 6:12:53 PM
From: waverider  Respond to of 152472
 
Frank, we've been through this. No, if we don't hold 48 the odds are that we will continue our lousy downtrend.

Throughout this entire past year the only thing that has been telling the truth were the charts. Folks who really knew what the hell was going on in the inventory channel, fiber laying business, wireless debt...were getting the hell out while most of the dumbshits like us were buying, buying, buying.

The charts were telling the real story. That is why people use them.

The problem with QCOM now is that the chart is breaking down and today gave no encouragement. Why did it break below the previous low? TA is saying there is bad news ahead.

<H>