Burt -- Beautiful post.
Re INTC, until the cycle of corporate upgrades is completed (they gotta do something with all these earnings, no?) I see the entire semi and semi-equip sector doing remarkably well. EVERY stonk is a buying op, and INTC is (or should be) at the top of the list.
I have found two analysts to be remarkably prescient, and both appear regularly on CNBC, for those who watch it:
Joe Battapaglia, with Gruntal, follows stocks, especially the tech sector;
Bob Barbera, an old college classmate of mine, covers the bond market for - geez, I forget, is it Hoechst? Some German name or other.
And in my humblest of estimations we will not see a true bear market until growth slows drastically, core inflation rises above 3% over two months, or some other investment vehicle/arena shows itself to be superior to the American market. Sector rotation will work out the kinks until then.
Best investing to all,
Jeff |
