Jim Gribbell
Jim Gribbell
cash divided fight market money moving putting sidelines
It's pretty evenly divided between short-covering and a lot of big money moving back into the market. There are a lot of big institutions that have had cash on the sidelines and are putting money into the market pretty aggressively because they don't want to fight the Fed.
ability balance believe confidence control decent despite drivers fact greenspan internet investors maintain market money perform powerful rates stock stocks technology trends within
We believe that you can still make decent money in the stock market for the balance of the year, despite the fact that rates are going higher. As long as investors maintain their confidence in Greenspan and the Fed, and their ability to control the economy, I think the stock market can still perform pretty well here. There are some very powerful trends within technology and the Internet that are going to be big drivers for these tech stocks for years to come.
adding early miss money ride volatile
We may be early here but we're also adding money to the semiconductor stocks, which have been volatile to say the least. It's better to be early than to miss the ride here and we don't see a lot of downside.