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


To: J.B.C. who wrote (52172)12/1/1999 1:50:00 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 152472
 
reminded of past currency attacks

in Christmas 1993 USdollar attacked JYen between XMas and NYear... huge daily swing profited many currency traders... it corrected back to normalcy in next few days... it is taking a few days for the credit markets to return to normal... compounding that was the customary profitaking by tech stock traders... some historically monstrous gains by tech stocks since October !!!!!!

most vivid for me was MLKing Day in 1995... had large JYen futures position while I attempted to enjoy ski outing at Sunday River Maine... just wanted to shush and vadle down the slopes, without interference from moronic and often drunken NewYorkers (who dont venture downeast Maine)... USdollar got attacks by sumbitches in currency pits, messed my whole day

yes, would like to see nice daily bond reversal with yields subsiding

TBond yield is nicely off the highs today so far
I realize that crude oil prices has shit to do with wireless growth
but interest rates paint the canvass on which stocks are given valuation (i.e. PEratios)

rested, but still a jackass
/ Jim