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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.80+0.3%Dec 5 9:30 AM EST

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To: Cooters who wrote (43733)10/8/1999 9:10:00 AM
From: Jim Willie CB  Read Replies (2) of 152472
 
my best newsletter editor Richard Schmidt:

written last week of September
arrived Oct 7th in snail mail

expect some possible strong downside scarey volatility between writing and mailing in major indexes
(suspect we got that last two weeks)

expect oil cartel to lose its solidarity in matter of weeks

expect interest rates to begin to come down by midOctober
with or without oil coming down in price

if oil does come down in price, bonds will rally strongly

expect a stock rally by midOctober to be strong

I will keep it to this high level.. in midMay he said rising rates would temporarily torpedo stocks (it did next day).. in August he said that September and early October would be a total dud (it was).. in August he said that by mid to late October we would rally strongly.. he is consistent

any day now...... employment report this morning
any details? .. could be volatile

/ jim
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