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


To: Uncle Frank who wrote (97111)4/7/2001 7:44:23 PM
From: Brandon  Respond to of 152472
 
There are about 6000 ways to apply T/A...I dont listen to anyone but myself since as I usually find it counter productive. I would agree that this is the area for QCOM to bounce from if its going to do so though...and if it doesnt then its a short. Right now until there is a confirmation one way or the other I would stay out. I just try to keep things simple, trends and support lines for the most part and it works out well enough for me that I manage money for clients, who ,so far have been happy with me. I am trying to learn as much as I can about F/A though, because I use it a lot when I trade the futures market and I would be lost without it. It makes me a lot more comfortable at tops and bottoms to have a fundamental opinion I know to be valid, once I get the technical signal I enter the trade. My volatility is much lower in the futures market and Im always more comfortable with my trades.

Brandon



To: Uncle Frank who wrote (97111)4/8/2001 1:05:13 PM
From: limtex  Respond to of 152472
 
UF - Sooner or later we are going to get a Q earnings report that is going to be crystal clear earnings and more going forward.

Until then we are going to go through the same massive volatility for the few days before the earnings annoucement. The reason imho is that the upside is minimal but the downside in this market is 50% the instant the slightest negative/concerns appears in the announcnement or the CC. My view is that the are probably a lot of holders who are preparing for the earnings announcement and getting into position to not be hurt too badly if the stock gets whacked. This accompanied by the Hainan situation makes owning the stock a bit risky since Q has been on of the few to be holding its price.

I still think TZ is nonsense. What Mr Greenspan does is real and worth following. That man is imho responsible for this mess totally. Interest rates at 5% in the current circumstances going to crush the economy and thereby the World economy and so on back to the US. 5% might have been sustainable in the middle of 1999 when the economy was growing but not when it is a state of near collapse.

I have said it before, this man knows exactly what he is doing and what he is doing is collapsing the economy. Why would he do that? Beats me.

In my view he should be asked to leave immediately. Whoever replaced him couldn't be worse.

Best regards,

L