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Technology Stocks : The New QUALCOMM - Coming Into Buy Range
QCOM 170.90-1.3%Nov 7 9:30 AM EST
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To: im a survivor who wrote (931)8/16/2007 1:50:07 PM
From: carranza2  Read Replies (2) of 9129
 
Cramer is now saying things look very ugly?

Yeah, he screamed and yelled made an ass out of himself, lit into Bernanke and his failure to do 'something.'

As if the central banks and the Fed can do anything. Since 7/31, there has been a global injection of about 1/3 of a trillion dollars into the global credit system. As far as I can see, it was a worthless effort.

Anyone who thinks a rate decrease can stop this bleeding is nuts.

The excess liquidity has to be wrung out of the system.
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