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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: gdichaz who wrote (37146)	7/25/1999 12:17:00 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 152472

ChazMan, raison d'etre for currency traders is to profit from taking EVERYthing way too far... I did well in 1995-96 in JYen futures, riding the yen carry trade... basically borrow Jap money on the cheap, drink some Treasurys with a TBond futures chaser... or chuck the Treasurys and focus on heavy TB futures... do so three weeks before end of quarter... close positions one month into new quarter with 200-300% profit... each quarter, every quarter for eight straight quarters... that shit can change your entire view of sex!!! ... no, I didnt do it that perfectly, but I nailed a few new qtrs... the wise must know when to get out of that casino... I stayed for some parlays in gold, silver, soybean, corn and gave the house back some of its money Greenspan had the market raise rates in May, blessed by official Fed hike two weeks ago... now he seems to me to be trying to prevent rates from slowly drifting down to mid5%, like 5.5-5.7%... our new tech supercharged economy doesnt need any extra stimulus his comments on HumpHawk seemed to serve as a intimidating controlling preventative scowl to nip the bond recovery in the bud (butt) he also gives me every indication of understanding the enormity of the y2k inventory buildup... the less our economy gets carried away with it, and the less our stock indexes get launched from this phenomenon, the less violent the stock market correction in Feb-March will be I for one intend to open a futures account again in Boston, and possibly set aside $50k for TBond futures... as much as QCOM is a stock we will not see again for another decade, this Y2K buildup/ mini-recession/ stock-shock/ bond-haven phenomenon will not be seen again for another millenium... the steady drumbeat of fear from y2k will guarantee the stock market rise from its temporary growth surge a valuable source of steady wisdom for me has been Dick Schmidt of "Stellar Stocks"... he has made several consecutive onmark observations... his latest was predicting Oracle would see upside surprise from its y2k and internet ventures enjoy, jim