Let us not forget that fore has been the perfect yo-yo stock,generating millions in commission income for the brokers, With substantial areas of tech looking unattractive, they have only the internut stocks left, so fore will come back and swing again, if only to keep schwab and others in the money.
second, if fore's volatility was 2 times the market, it has just increased because the overall mkt volatility has increased. Can some one tell me what changed from the first time we touched 7424 to now, yet we saw 8100 in the interim.
Third:, with banks and ko and G becoming untouchables,insanely overpriced internet stocks, high priced drug stocks, who do we have left for pure & cheap growth in a sub 5% rate environment- networkers.
besides, when they gap down so much, the only sane thing is to be a longterm stuckholder.
And then again how else are we going to capture scandals as they happen and transmit them far and wide in the future? That's an ATM growth segment unaffected by global jitters.
Ramesh.
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