Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 159.59

-3.9%

3:59 PM EST

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To: Voltaire who wrote (46079)	10/25/1999 6:15:00 PM
From: Jim Willie CB	Read Replies (1) of 152472

VoltMan, we should begin to see micro moves in the form of gradual erosion of the belief that the Fed is done what I mean is... with strong GDP data coming on Thursday, the bond market is soon going to expect that the Fed may raise rates NOT ONCE, but TWICE in the next few months this economy is strong as hell we had bonds sitting on the edge today a move over 6.4% will bring about a strong market reaction it would result in more bond selling it would precipitate serious stock selling do you believe the saying? "when longbond yield hits a new 1/4 pct, it moves to the next 1/4 pct" / JW

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