Taking the Pain

 | Jan 27, 2014 | 2:52 PM EST  | Comments
  • Comment
  • Print Print
  • Print
Stock quotes in this article:

intc

You have to like the shrug-off here. They have really crushed them, with the last of the hot ones being taken out and shot.

I don't want to sound like an old fogey, but you aren't going to get an investable bottom until you really put some pain into this market.

It's a nightmare for those who just bought. We know that. We know that there has been tremendous pain without any reason for most stocks and we are in the foment-a-reason-for-it moment.

To analogize, when the personal computer first took hold, we had huge moments of up, up and away, followed by vicious declines. Everyone presumed a slowdown in personal computers.

"It's over."

Guess what? This was early Windows and early '86 from Intel (INTC).

There was no real reason besides overheating.

If you bought at the top of one of those moments you were furious at yourself.

Now, you just get furious at the people on TV!

Columnist Conversations

Earnings have been reasonably positive so far. But more than the actual results, it will be the tone of the co...
At the bottom last Wednesday I doubt that many people would have predicted the headline above. I certainly wo...
FB has earnings due out on 10-28-2014, after the market closes. I will write a full earnings preview for Mark...
Solid opening day to trading week for a change as indices across the board as even the DJIA manages to end up ...

BEST IDEAS

REAL MONEY'S BEST IDEAS

Columnist Tweets

BROKERAGE PARTNERS

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.