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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 166.81-4.1%3:59 PM EST

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To: lurqer who wrote (65195)1/29/2000 5:55:00 PM
From: RocketMan  Read Replies (1) of 152472
 
What do you want to bet that the same hedge funds and global economists that are whining about US growth rates and market excesses will be the first to cry uncle when it slows down, and come hat in hand for help as they did in oct 98?

I don't worry about a bear market: even if the Fed causes a recession in late 2000 (which they will, IMO), they will be the first to throw money at it and fix it when they sense that the rest of the world starts drowning. That's the only thing the fed is good at, causing a recession then throwing money at it. I think AG is longing for the good old 60's and 70's, when that was the routine way they ran the economy. He still has not made sense of what is going on today.
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