Hi Rodney,
I have no way of predicting or even guessing what any Mutual Funds might do or not do, let alone when. I do believe that there will be increased buying of TMO by Mutual Funds in general, and I do believe that is partly do to the fact that now they are an SandP company, and partly due to the assumption, by me, that many other funds will view TMO as a good company to have in their portfolio, and that some of these may have a motivation to adjust their portfolios. By the same token, I think individual investors will create a certain amount of buy pressure; TMO is getting lot's of PRESS and AIRTIME these days. I agree that we haven't seen the end of TMO's rise, but to jump in at this point would only make sense to me if one was a longer term investor, and not really a trader, who is really looking for near term gains. I think it's certainly possible that it could continue to rise in the near future, yes, but it not such a good bet as it was when the index news came out. I guess you might say I'm not a very good trader to say make such general statements, but it is just to easy to read too much into this. I am pretty unlucky when it comes to over-simplified assumptions, especially when I WANT TO BELIEVE. Maybe I'm not the guy that can help in any way, here Rodney.
I also will have a shot at TMD Detection, I guess.
GOOD LUCK
EDWIN K. |
