The hope for bulls lies in the semis and that is taking a hit today with the Analog Devices news. SMH needs to hold 30.77. The markets are like a hysterical child right now, worrying about higher retail sales and the Feds. But Bernanke cares more about Jobs right now. He has his soft landing, I don't think he will mess it up especially if job growth stalls. So all in all, more nonsense but we have to live with it for now.
This entry was posted
on Friday, August 11, 2006 at 9:07 AM.
