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Author: Rogerruns Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 2385  
Subject: Re: Valuation Date: 2/10/2006 10:23 PM
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Hi Gang,

This my first post on the QSII board though I have own the stock in varying amounts over the last couple of years.

First, disclosure: I tend to lean more to the technical analysis camp and rely on charts more than anything else.

I did add to my position this morning, not because the drop was overdone (it was) and that a massive amount of STOPS were triggered by market makers (they were, big time) but rather that the stock actually came down and tested its 200 DMA (~68). After "testing" that level successfully, it bounced a bit and CLOSED above that level.
Might it retest that moving average- Yep. Will it drop below it-maybe.
Until it does however, one can only surmise that the long term trend line is intact. One positive sign for any stock or index is the angle of the trendline. In the case of QSII, the trend line is at a reasonable UP slope.
What woul;d change my thinking.....a close for a few days below the 200 dma.

A tip of the hat to Gilbert whose analysis is outstanding.

Roger
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