InterDigital Inc (IDCC): Good post as usual, and it's interesting...

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Thanksformusic

Re: GE_Jim post# 19231

Saturday, 04/12/2003 12:16:29 AM

Saturday, April 12, 2003 12:16:29 AM

Good post as usual, and it's interesting to see your insight. fwiw -- Here's the t/a that I see:

Short term still shows bearish indicators. The stochastic oscillator is oversold and aroon negative is up. Three black candles in a row have also occurred, and the last MACD signal was a sell signal as well. Directional indicators also show being bearish. Two trading indicators that I follow show being short from 04/02 and 04/08 respectively.

Having said that, both intermediate and long term indicators are bullish. I checked Investor's Business Daily today to see how they would rate IDCC and it was a 95 overall, an A. They showed us to be the overall 1st out of 71 stocks in technical ranking, and also gave us a relative strength rating in our industry group of A+.

In other words, if you aren't trading, the picture remains good.

Question/comment for you -- A broker friend of mine picked Tuesday as a low point for the S&P, then back up. Your thoughts?