Hi V (and all):
Boy, I can't leave you guys alone for a moment. The moment I turn my back (actually in surgery all day) on you and the market, it decides to tank! Just checked out the unemployment report. Seems that there is a lot of conflicting data (actually, it may not be conflicting, but can be interpreted any which way you want depending upon your bias). Intc slower demand, Micron beats estimates, companies, one after the other with estimate warnings (slowing ecconomy), Jobless claims down to 3.9 percent, wages up (heating ecconomy).
Having a margin call, I sold the last of my jnpr to that I could buy additional Jan 50 leaps on intc at 2 1/16 (oh excuse me, 2.0625). Hoping for a post Yom Kippur rally (what that has to do with anything, I'll never know) get intc/jdsu, cree, brcm, qcom up there.
Now, if you will all follow my example, we can turn the market around. I just fired most of my staff today so that the jobless claims can increase. I suggest that we all "work" together and fire as many people as possible so that we can raise the jobless claims. So lets all "work to unwork" America. It'll do your fiscal health good.
Now where did I leave my scalpel?
David |
