Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: BirdDog who wrote (37105)	6/17/2002 5:25:21 PM
From: StockOperator	Read Replies (1) \| Respond to of 52237

BirdDog, "I'm afraid QCOM is a bad one to follow to try to determine any market direction. So much ot it's price is based on emotional rumor investing." I would have retyped your entire post but I'm too lazy. First of all let me say that my comments are not grounded in anything fundamental. Even the pros that analyze these stocks for a living have proven that its an almost impossible task. Instead, my comments on all the companies that I have mentioned over the many years on SI have always been based on what I thought the technical trends have dictated. Which btw, I have plenty of posts that go back a couple of months that reference not only QCOM but also the companies you mention SEBL and NTAP. All of which were trading higher at the time. My post earlier was meant only as one piece of the puzzle. My point being that on days like today we can learn more from the stocks that are going contrary to the overall market, such as QCOM. Just one piece of a complex puzzle. But let me just say that in the context of a bear market, irregardless of what QCOM may be doing in Europe or anywhere else they are not going to push higher while the rest of tech continues with its pe correction. IMHO, the tech generals will share the same fate, good or bad. Regards, SO