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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Augustus Gloop who wrote (35317)5/24/2000 10:12:00 AM
From: The Phoenix   of 63513
 
Here's my opinion.

We're not going to get the collapse that everyone is looking for. Money has been bled out of the market. Now we're to a point that rather than moving money out of the market it's getting shuffled around. Now people are moving their money into the sure bet returns - those that I just mentioned... perhaps a few others I didn't. I'm a little surprised by QCOM but I guess the PE is still high and there is much weighing in the balance on the Chinese thing today... I think QCOM is a HUGE BUY if Congress approves which I heard they had the votes. Watch for an afternoon pop there.

OG
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