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Technology Stocks : Intel Corporation (INTC)
INTC 36.08-3.2%3:59 PM EST

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To: chomolungma who wrote (145625)10/18/2001 2:51:49 PM
From: Tony Viola  Read Replies (1) of 186894
 
chomo, Re: >There is always uncertainty.

The times when the market seems certain, is the time to take the other side. The market was certain that technology was the path to riches in March 2000.

The old saw that "markets climb a wall of worry," is true because it is usually the very times when the risks are apparent, and hence fully discounted, that markets go up.

I would argue that the world will return to "normal" very quickly and that the fears that we all have will just become part of our lives like when we lived with a constant threat of nuclear war during the years of the Cold War.


Hopefully so, but check out how the market took off when the Cold War did end. Of course, there were many, many other factors in there driving it, but, who knows?

bigcharts.marketwatch.com

Tony
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