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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.13+1.1%3:59 PM EST

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To: Boplicity who wrote (45020)10/16/1999 2:02:00 AM
From: Jim Willie CB  Read Replies (2) of 152472
 
Frenchie, I will take a big bounce, forget huge
semantics, bon homme

I see sawtooth sideways Dow and S&P for a while... the Fed is attempting to control the market with the next inevitable rate hike... they passed twice in a row at FOMC meetings... I doubt they will hike again, but they now know they have a weapon to hold over the market for seeemingly indefinite period of time

I see slow uptrend in Naz staying in its channel, probably toward the low end

Louie Navallier expects a Monday strong bounce... he is a smart sonofabitch, smarter than you and me... he said never to expect a recovery bounce on a Friday, but rather on Monday (JW: probably in the afternoon)

/ jim
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