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


To: Voltaire who wrote (43395)10/5/1999 3:28:00 PM
From: Boplicity  Read Replies (1) | Respond to of 152472
 
It's silly isn't, like I said in my post to you, it's the prospect of a rate hike that is worse then the actual hike. If the market was acting with logic, it would be happy, since we get more months with rates the same not higher... But of course the market does not act with logic, thank the market Gods it doesn't. I'm still waiting for the 500 point down day on the DOW.

Greg



To: Voltaire who wrote (43395)10/5/1999 3:29:00 PM
From: 16yearcycle  Read Replies (2) | Respond to of 152472
 
This was the riskiest thing the fed could have done, imo. They might as well have come out and said that there isn't enough inflation to raise rates, but we do want to pop the stock market balloon just to be sure. Wall Street will hold its collective breath on every economic report from now until they drop this bias or there are VERY clear signs of the economy slowing. They Fed will drag it out as long as they can, hoping the market does what it has the past 6 months: go sideways.

The good news is it will continue to be a stock pickers market.



To: Voltaire who wrote (43395)10/5/1999 3:45:00 PM
From: Cynic 2005  Read Replies (1) | Respond to of 152472
 
<<Today is one of the biggest jokes I have ever witnessed.>>

Why so?



To: Voltaire who wrote (43395)10/5/1999 3:52:00 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 152472
 
VoltMan, will settle for a strong relative close
probably not gonna get a close near highs of 196
with S&P spazzing out, up 10, even, down 10, even,
I will take a slight positive
the RelStrengthIndex for QCOM will improve in the morn

said it before, say it again:
Greenspinner will not hike or act
he will scare with words to keep stock reins pulled back
30yr TB yield still within our recent boundaries
just sitting now toward high end at 6.168%, under August peak

GC: I have been buying S&P calls each time the index sells off, then selling them each time the index stalls, then repeating the process... have made a ton of money... you guys shouldve listened to me
/ Jim Willie