InterDigital Inc (IDCC)

[EconEli]

Ah but Jim you are only reading part of my post ...

... I said once IDCC goes through its resistance ±25 then the charts will be useless until such a time in the future that a pattern has reestablished. Right now they do have some limitted usefullness for short-term trading ... but over the next 12 - 18 months it will be the new revenue flow which will determine things. After that, then charts can once again be a usefull tool.

In recent memory, probably the best example of this is NXTL. If I had followed the charts to the exclusion of everything else I would have never been a buyer under $5, but by following the money, and buying just before the money became apparent, I was able to have a position before a new pattern emerged (which was about 300% above the old pattern level).