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Technology Stocks : Intel Corporation (INTC)
INTC 41.41+2.2%Dec 5 9:30 AM EST

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To: wanna_bmw who wrote (167259)7/1/2002 4:57:14 PM
From: GVTucker  Read Replies (1) of 186894
 
wanna bmw, RE: Situations where the market is unnecessarily pessimistic (despite good news) have traditionally been good times to buy, haven't they?

In general, when the market is "unnecessarily" pessimistic, it is discounting bad news to come. Right now, that bad news is the second leg of the double dip recession. Whether that comes to pass is up to debate.

Markets usually bottom out when the pessimism is for very real reasons.
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