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


To: Jim Willie CB who wrote (44603)10/14/1999 9:30:00 AM
From: Ken Bobey  Respond to of 152472
 
>TBond yield now at 6.3%, a 12-month high
>QCOM will recover, but NOT until bonds are done selling off

I agree with Jim. It was bad news when the long bond went thru 6.25% and this morning it is backed up all the way to 6.30%. Market is pricing in another November move by the Fed. Between now and the next FOMC is a good time to pick up those screaming buys in preparation for the January effect.

Happy trading!