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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 168.08+1.8%12:59 PM EST

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To: Clarksterh who wrote (32266)6/13/1999 7:51:00 PM
From: marginmike  Read Replies (1) of 152472
 
Geeez I go away to the beach for two days and have to read 90 posts!

Great debate and very informative though. I wish Jon K would stop trying to jawbone the credit market down<ggg>

I think the Fed will not raise, they know they cant. However they want to scare the market down. In my Opinion doing so is stupid, and historicly fails. I however think Jon that you are looking at past indications, not future possibility. The fact is Oil is up, Grain futures will head up with increased demand for Y2K freaks. The labour problem, and building supply problem is real. The fed wants to try to slow the economy without raising rates.
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