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


To: limtex who wrote (81110)9/21/2000 8:34:55 PM
From: waverider  Read Replies (1) | Respond to of 152472
 
Relax



To: limtex who wrote (81110)9/21/2000 9:35:18 PM
From: jmac  Respond to of 152472
 
We may seen the largest one day point decline in the NASDAQ tomorrow. Not even a very positive China announcement is going to save qcom from this bloodbath. NAZ 3100 now in the cards as I don't see how it can hold 3700 or 3560. One could wish for one of those dramatic turn-arounds after a deeply oversold condition but nobody has been able to make this market go up. This is a bear market and it is the fed's fault. they raised interest rates way too much thereby strenthening the dollar. there was no inflation. now comes along the unpredictable oil shock and euro decline (somewhat predictible if the us keeps raising rates for no reason). Soft landing. Not a chance. We are headed for recession in 2001. The fed should act now. The fed should reduce interest rates by 50 basis points immediately thereby propping up the euro. as for the oil problem, the us knows what to do, it just doesn't have the balls to do it.



To: limtex who wrote (81110)9/22/2000 12:09:50 AM
From: DaYooper  Respond to of 152472
 
Limtex,

You'll be disappointed Friday. Yes we're in for a selloff but not the magnitude you've been dreaming of for so long.

But hang in there, I'm sure some day the fundamentals of our historic economic growth will change and you'll be basking in the glory that you knew it would happen. But no, not just yet.

I'm curious why a non-equity investor frequents the threads as often as you do? Just for fun?

Enjoy the selloff - likely close between 3600 and 3650, imo. Rory