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Politics : Idea Of The Day

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To: Mark who wrote (12714)10/24/1997 12:35:00 PM
From: Gaston Teran  Read Replies (1) of 50167
 
OK, I don't understand the market. We seem to be overreacting to every single bit of news. Normally if I were to catch Intel 25% off its highs (it's down 25 pts since the 104 highs) and Dell after a quick 10 pt fall, I'd jump at the chance. But the market's movement is surprising me on a daily basis, which is not good. Forget trying to anticipate the next day's movement. Maybe the international financial troubles along with many other things have everyone running wild and full of emotions. And look at the bond market, it's doing great! Very odd market. If anyone can help put things into perspective, please do so.

Gaston
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