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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.58-1.2%3:59 PM EST

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To: Ruffian who wrote (45849)10/22/1999 10:09:00 PM
From: jewishcarpenter  Read Replies (2) of 152472
 
Breakout Shmakeout
check the calendar, my son

the market was very sick just 5-10 days ago
such sickness does not disappear quickly
beware of a vacuum in the next few weeks

I sense a retest of lows with the Federal Reserve meeting fast approaching Nov 16th

rowdy masses will be shouting for crucifixion of Greenspan even as the bond market sloshes as if on a stormy vessel.. the USdollar is likely to challenge the Fed as well.. it tends to sell off in disrespectful challenge in the face of the Fed

bond and dollar trading is essentially attempting to force the Fed's hand to raise rates, which would encourage inflows into the dollar.. the dollar is like a dividend paying stock in the USA.. such stock can be denominated in the form of various assets, whether stock, bond, property, etc

such activity roils the bonds and stocks.. it should happen in about two weeks
I would hope to have plenty of available capital for investing in reduced priced QCOM shares or QCOM options

/ Carpenter
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