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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: StockOperator who wrote (37104)	6/17/2002 4:56:32 PM
From: BirdDog	Read Replies (1) \| Respond to of 52237

I'm afraid QCOM is a bad one to follow to try to determine any market direction. So much of it's price is based on emotional rumor investing. So few understand the company. So much of the sector is hurting because they fought QCOM. I could easily go on and on. One thing is sure. QCOM is killing off it's enemy (GSM) as they are now moving into Europe (GSM's home territory) through investments in new companies setting up CDMA systems. There is so very much to this story. It takes a whole lot of work to understand it all. I just don't follow it as any kind of indicator for the market. It just don't fit the bill. Now consistent companies to follow for the nasdaq, would be ntap and sebl. I think they're a good indicator of what's to come. They haven't reached their Sept lows yet. I think they have to before we reach a bottom. BirdDog@Prairie.com