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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.76

+0.3%

Dec 23 3:59 PM EST

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To: Voltaire who wrote (43408)	10/5/1999 4:04:00 PM
From: Cynic 2005	Read Replies (3) of 152472

<<Agenda of the Houses is. I am saying it is up from here. >> It has been the case for quite some time. They all wish and keep hoping that the other guy doesn't start the selling before them. <<You and I both know that the Fed is free to raise interest rates when ever they wish and they act like this action of a G.D. bias is special. >> May be you know that but I don't. Fed is nothing but a puppet in the hands of Wall Street and the political whims, particularly that of the administration. They are shit scared of pricking this bubble. They would rather get the credit for the best part of the bubble but they would not want the blame for pricking the bubble. Now, it is up to the adults (bonds and currency markets) to do the job of the Fed. Keep an eye on the bonds and the dollar. I think they are headed for the shredder. They will get trashed till there is considerable deflation in equity prices. Suckers can dream all they want but the truth of the matter is there aren't enough goods and services for all the imaginary wealth. And there is no such thing as free lunch. -Mohan, from the lavatory! -g-

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