Intel Corporation (INTC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Corporation (INTC)

INTC 45.51

+10.7%

Jan 9 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jim McMannis who wrote (37798)	10/27/1997 3:59:00 PM
From: mauser96	Read Replies (1) of 186894

What happened was there was lots of urgent sellers, but mostly reluctant buyers. For every seller (at least in $ terms) there is a buyer but in a bear market the buyers are only interested at lower prices. There are several reasons why somebody might have to sell such as margin calls, a kid off to Yale,etc., but nobody ever has to buy a stock. The main reason there is a long term up trend to stock markets is because of underlying growth and increased wealth in the "real world". Buying with borrowed money in an antique bull market like this one is not very bright. If you want extra leverage buy stocks plus very long term LEAPS or warrants. Did anybody really think the market would go up forever without a pause? When it gets too easy to make money, you are ready to be taught the lesson that it's not as easy as it looks.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next