Sonki, Agree with your reference to Frank's concern. Believe analyst on CNBC late yesterday was correct, i.e.- found the sell-off was best, cheapest insurance to preclude FOMC from raising thru' AT LEAST Sept. I've said on other threads that inflation is a dead, flea-bitten dog, (and we love dogs, have a great one) and the bond is still too high, but it keeps the foreigners investing in the U.S.A. Worrying about Germany is another short term reason for the brokers to make money. Re: drug stocks: I've felt PFE was one with the most-upside, but still haven't pulled the trigger. GLX may be O.K. longer term, but I'm glad I sold. Re: Friday: Worst and really only loser in our portfolio was INTC & INTCW. That was the best news, as it is the best, core holding and 1-2 yrs. from now this will again be a total non-event for the long term investor, except as a buying opportunity. I still like my recently acquired UIS, starting to get recs. from analysts.
To Frank, Sonny, Margaret, Tony, et al--Intel changes its symbol to I, the Dow finally becomes more relevant to investors truly looking to the future. New Moore's law, INTC doubles every 18 months!!gg>.
Regards, Royco
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