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Rick wrote:

As I also stated in that post QCOM has a bullish chart and I agree with Murphy. Those little gaps below don't have anywhere near the significance that it's base and increasing volume climb of the last two months do.

Thanks Rick. Qualcomm is my largest holding. I guess I did see your earlier post, but was curious why so many kept pointing out that 'gap' here and on the Q board. I would imagine Murphy knows his tools quite well. At least his discussion of distribution, basing and accumulation through some of those resistance points seemed to make sense to me as I was listening to him talk about it. I think the other equity he was discussing yesterday was Minnesota Mining breaking out of quite an extended basing period. Do you know of any 'starter books' that talk about these sort of indications? Maybe Murhpy has a book, I don't know.

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