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Technology Stocks : Windows Vista

MSFT 485.49

+1.8%

3:59 PM EST

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From: sammy™ -_-	6/4/2006 9:06:06 PM
	Read Replies (1) of 1939

On Thursday, we get productivity, the ISM index, and auto sales 'three amigos'. Lower productivity and/or a higher ISM will spark inflationary fears, and vice versa. Auto sales will gauge the consumers' interest rate sensitivity once again and also signal something about the housing sector. Friday, the Big Kahuna Jobs Report along with factory orders. Expect an easygoing week until the reports hit the fan on Thursday. The weak performance of the Semi's is why I think that the market has ultimately more correction work to the downside. Semi's and Biotechs generally lead the markets. I believe that selling rallies is the right side of the equation versus buying the dips right now.

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