Ola Sergio, just met with the homeowner of my current project, he just drove up from West Simsbury ( I like customers from that nieghborhood<vbg>), said it was a tough drive. Snowing gangbusters here..Will look at the usd, my gut tells me it will continue it's slide soon..I'm just not liking the way things,economy, high debt levels (consummer and gov.), energy prices (history shows reccession follows energy spikes), slow job and earnings growth, real estate bubble,underestimated inflation, rising rates,etc., etc. are shaping up..I think the worm could turn rapidly downward, hence I began nibbling again on uspix friday. Slow accumulation on up naz days is my plan..Still think there will be a liquidity driven (seasonal) bounce, but not as large as some expect (40-50 naz points tops), then a run down to 1950 or so..We shall see, naz did close below the 50 day, we are at support, but seems like a lot of air below, those gaps you like<g>..I haven't seen much in the way of the "next Ipod" coming out in tech land to spark huge tech interest..Speculation has been pulling back though, so we shall see<g>
DD
( My malamute is outside thinking he is in heaven, I can only see the points of his ears, the rest is cover under snow<LOL>) |
