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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (367094)1/16/2008 11:13:19 AM
From: tejek  Read Replies (2) of 1573408
 
Might be good for at least a day trade as I don't think Intel is the bell-weather it used to be...

The markets are in serious trouble. Price compression is the name of the game. This is worse then when the Naz popped back in 2000-2001. Stocks that just reported excellent earnings are dropping by 5-10-15-20 pts. after having dropped by ten or 15 pts already this past week. The overall numbers for the Dow and the Naz don't begin to define what's really happening. Very scary. I am stopped out almost everything except a few oil stocks and gold. And GLD isn't doing that well....I just don't have a hard stop on it like the others.
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