Frank,
Only God knows what Greenspan thinks. I often wonder if he himself knows if it is going or coming,(excuse the expression.) Bloomberg is trying to interrperupt Greenspan's last comments!!! So, now he is sending sigals that he will not raise the interest rate. Even if he raises 1/4 %, this rally will go on, as Elaine Gazzeralli said.
At this point I am not going to losse sleep over what he does. If next week proves to be bumpy, and there are dips, I will buy. INTC is not on my shopping list. I keep the position I have, but I am looking at HP, KO, JNJ, and DIS, in particular.
Regards,
Yaacov |