Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: FlameMe who wrote (45223)	10/18/1999 6:52:00 PM
From: Jenne	Read Replies (1) \| Respond to of 152472

The Bears Rang the Register Today By James J. Cramer 10/18/99 4:26 PM ET When people ask me what a short-covering rally looks like, I will point to this day as the prime example. The market ramped at the bell as people sold SPX puts and NDX puts to be sure they didn't get hurt by a benign CPI . Sure enough, this is just the kind of action we used to see in 1990 when a whiff of good news would cause the bears to ring the register. Make no mistake about it, even as I look to buy the drugs and the foods, I am struck by how the bears are calling the shots here. A bear capitulated and boom, we get a rally that looks great. But it just looks great. I was trying to sell some stock in some brokerages that I have been stuck in that I know are "wrong" here and it wasn't that easy to blow out of them. That's because it was simply programs behind the move. Should the bears be worried here? Nah, they should simply be gleeful. They have had a very big run.

To: FlameMe who wrote (45223)	10/18/1999 8:13:00 PM
From: gdichaz	Respond to of 152472

Only Greenspan can spook the market tomorrow. Have the horrible memory that he is making a speech somewhere someplace - hope I remember wrong. As an observer of his mouthing off and taking action, this is mouthing off time, i.e. shouting FIRE in a crowded theater. Doubt he will raise rates again this year or next. Just IMO Why? Because he wants to be reappointed to the Fed Chairmanship so bad he can taste it and throwing another monkeywrench into the works in the form of another rate increase is unlikely to be popular with the politicians who would have so sign off on his reappointment. Just something to consider. The fact that there is no inflation is a minor consideration compared to the politics. Greenspan is a political animal first, an economist second - and survival is his sin qua non. Keeping his power is primary - and a rate raise may not be best for that as the politicians see things.. May be wrong of course, but that is how I see it. Chaz

To: FlameMe who wrote (45223)	10/18/1999 9:05:00 PM
From: Jim Willie CB	Respond to of 152472

saw CNBC most of the day today, thanks to "illness" surprised at relatively decent journalistic quality didnt spot that blonde sweetheart saw a technical analyst offer mediocre work good earnings for Citibank and JPMorgan no doomsday bullshit, weeping, gnashing of teeth heard a few nasty statistics pardon me if not exactly correct but certain to have the jist in last four months, new highs have exceeded new lows for NYSE on just two days !!! we have a real stealth bear market here a climax of new lows often marks a bottom / Jim