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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: bob oserin who wrote (27030)6/12/1999 9:38:00 PM
From: KHS  Read Replies (1) | Respond to of 50167
 
Yes, I bought more of INTC MER PFE. Figured I'd rather accumulate these rather than i-nets with similar pullback from highs. This may be one of those great opportunities when considering long term.

I subscribe to a theory that big money wants stocks and they are stealing them from individuals with weak hands. Yes, interest rates are rising, but US and world macro looks good and improving. But big money is using this as an opportunity to create fear and take stocks at lower prices.

Supply and demand is the issue. Supply of stock has been short and big money wants it but never wanted to pay the price. they are winning.

IMO.