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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 35.53-1.1%Nov 14 9:30 AM EST

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To: William Hunt who wrote (23901)6/22/1999 11:42:00 PM
From: musea  Read Replies (1) of 27012
 
Bill,

You wrote: today in EMC was old fashion profit taking

Here's the problem I'm having with the market. There seems to be little in the way of fundamental changes that account for the changes in the market's direction. The news doesn't seem to be enough to make a difference, and the market goes up and down.

Mind you, I'm not complaining about it. Being a long-term investor helps, but even long-term investors need to see some fundamental information now and then!

Profit-taking is a typical activity in markets where there is no conviction as to what direction we are headed. So is "calling the bottom." EMC is a good company, and they've proven it over the years. Good you held out. I'm actually looking at it to see if I will buy in at this point.

-musea
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