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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 163.32+2.3%Nov 21 9:30 AM EST
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To: MileHigh who wrote (44815)10/14/1999 9:58:00 PM
From: 16yearcycle  Read Replies (2) of 152472
 
"AG is starting to annoy me. He is the one that is going to start a panic, not normal stimuli....Silly IMO!"

I am coming around to this view myself. His desire to deflate asset prices is a very real threat to the economy.

Lets say we had another 25% drop in a day. Would he be happy? The pe on the dow would drop to about 13 on next years earnings, a level not seen since interest rates were above 13%.
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