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Technology Stocks : Semi Equipment Analysis
SOXX 285.23-3.7%Dec 17 4:00 PM EST

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To: FJB who wrote (48127)6/8/2010 10:55:24 AM
From: The Ox3 Recommendations  Read Replies (1) of 95596
 
The doom and gloom is getting pretty thick in the financial press. The perfect example is that Yahoo's lead story was "Don't bet on a summer rally" and their bottom story was "The bullish case for US Equities".

Everywhere I turn, I see people completely ignoring what is actually happening and are pointing to the "potential" troubles that we face.

I would be very cautious in this environment but too many of the pundits are "telling" everyone to get out of stocks. The smell factor just doesn't work for this observer.

fwiw....

ALTR comes out and says they are going to meet the higher end of guidance and are down over 3%, just as an example.
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