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To: Lizzie Tudor who wrote (115373)4/7/2008 4:51:05 PM
From: ChanceIsRead Replies (2) | Respond to of 306849
 
BREAKING NEWS: AMD said it will cut about 10% of its work force, and warned that weaker-than-expected sales hurt results in its recent quarter. Full article coming soon.
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Will we finally be rid of this most unwelcome "Bernanke Put" rally??

I had shorted some Applied Materials and Energy Conversion Devices on what I though was weakness in semi/tech and a way overbought condition in the solar stuff. Got creamed on both. Barrons had an article today canning AMAT.

Happy daze for the shorts returning tomorrow??? I sure hope so.



To: Lizzie Tudor who wrote (115373)4/8/2008 8:24:50 AM
From: doncRespond to of 306849
 
low dollar is only good for exporters from the US..AA had a major part of earnings from overseas..hence hurting from the low dollar..

donc