Intel and AMD are taking a pounding today on reduced revenue projections by Intel. Good buy opportunity, because September is the buying season for PC makers (inventory for Xmas).
It depends whose "big money" you are talking about. I look to hold for at least 3 months and don't worry about who will be up or down tomorrow. A lot of large investors have a very short time horizon. Guys like Soros churn their money constantly trying to hit/create a trend.quote:
Originally posted by Ugly3:
Keith - Intel and AMD are taking a pounding today on reduced revenue projections by Intel. Good buy opportunity, because September is the buying season for PC makers (inventory for Xmas).
And the "big money" in the market does not know this?