Dick,
I agree with your analysis! Fundamentals look really good; psychology however is still bearish. I'm now starting to scan 2d quarter earnings pre-announcements for chipmakers. So far I've seen none....
Sincerely,
Doug F.
P.S. If you like guns check out "The Gun Store" in Las Vegas sometime. It's on East Tropicana about 3 miles east of the MGM Grand and Excalibur Casinos. You can fire machine pistols and submachine guns on their indoor air-conditioned firing range- quite a kick! I'm partial to the HK MP5 9MM- the Belgian Heckler-Koch is a work of art! (and carried by most elite anti-terrorist squads around the world). But they have Uzi's, Sten MKII, Mac 10 .45, Kalishnikov AK47's, Styer MP69i, Reising M50, Thompson M1A "Tommy Gun", Madsen M50 9MM, German MP40 Schmeisser's, etc. A nice break if you get cross-eyed from playing cards too long!!! |
