MB --
You da man! Add COMS as another nail in the big-cap tech coffin.
Squid ate 3 posts (BF surprise), but I was wondering what your strategy is from this point going forward. The techs are on their way to the great beyond, but the market simply will not crack. I thought for sure the techs would kill the broader market, as they were the lone leaders of the latest nutball advance.
Lets see. We have (i) the real at 2.17 to the dollar (so much for the IMF plan, huh? <ng>), (ii) all the major Chinese banks downgraded by S&P, (iii) imminent Chinese devaluation as likely, (iv)PC sector following the MB/Earlie plan to the "t", (v) Easy Al cranking the money machine like crazy, (vi) bonds tanking, (vii) a disgraced and pseudo-lame duck president in the U.S., (viii)Japan going nowhere fast and openly hostile to our monkey crew of Summers et al . . .
And yet the market holds together! We need to give it a nudge <vbg>
-- Robert
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