yep, looked like the SOX 350 was going to be the place for a reality check and the mark for some profit taking ....and KLAC'sters guidance wasn't the rosey picture they needed.
stockcharts.com[h,a]daclyyay[pb50!b200][vc60][iUp14,3,3!La12,26,9]&pref=G
INTC looked pretty weak yesterday (if you checked ISLD) even though it moved up ...how much faster , how many new apps , and what margins they'll see in the second 1/2 is pretty cloudy and the "earnings looking pretty good" speeches pretty played out.
EBAY was "lifting" the market yesterday , so you know it was pretty flimsy , especially after things peaking at a 5mo run to these highs . The Iraq situation played itself out into the second long diplomatic phase , but went pretty fast as expected frrom the military standpoint. Seemed that owning stocks again no matter what the indicators have been warning pushed things this high , they love it when things are stable!
it'll kerplunk seriously someday.....
Yah , but glad you didn't short it before ? ;-)
watch the islands Susie ! |
