SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: Voltaire who wrote (43705)10/8/1999 9:30:00 AM
From: cfoe  Read Replies (1) | Respond to of 152472
 
<The Houses as expected started playing their games today and expect a continuation tomorrow until about 2:30 P.M. There is a method to their madness and the shorts will quickly realize it. The Real Jim Jones Kool Aid will come with the employment numbers tomorrow. Expect the Houses to exacerbate the numbers to the down side for most of the day thereby allowing the Houses to suck more of these fools in and then slowly tighten the noose as the day progresses.>

News from bond pits after employment number. Rick Santelli said that two major houses sold bonds heavily as soon as the numbers were announced. Now nothing in the numbers deserved that kind of reaction. But it immediately reminded me of what you wrote above. Let the games begin I guess.

PS. Really appreciate your market insights. Thank you and keep them coming.