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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?

To: Boca_PETE who wrote (6745)	11/8/2011 2:45:23 PM
From: yelvingtonn	2 Recommendations Read Replies (1) \| Respond to of 10065

ECRI record is perfect and they will be right again forecasting the current recession. Market acts very badly and should make new lows soon as it discounts new recession.

To: Boca_PETE who wrote (6745)	11/9/2011 9:56:16 PM
From: Justa Werkenstiff	1 Recommendation Respond to of 10065

Hi Pete: So far the market pattern is perfectly consistent with a bear market condition in anticipation of a recession. Not sure how one believes we can escape a recession when European equity markets are howling bear and the euro acts like a third world currency. European contagion is what I see as the welfare state dismantles before our eyes. Are these countries the ghost of Christmas future for us? One can look at all the coincident US economic data one wants to convince oneself that life is good. Those juicy US corporate earnings look so sweet right up until the point when they are revised downwards as reality takes hold. My two cents.... Justa

To: Boca_PETE who wrote (6745)	11/10/2011 11:44:44 AM
From: rsie	1 Recommendation Respond to of 10065

TSMC October sales up 13% Foundry chipmaker Taiwan Semiconductor Manufacturing Company (TSMC) has reported a sequential 12.6% growth in consolidated revenues for October 2011. TSMC brought in NT$37.61 billion (US$1.24 billion) in October sales, up from NT$33.41 billion in September but down 2.1% from a year ago. TSMC's year-to-date sales were NT$359.98 billion, rising 3.5% from 2010. TSMC reportedly has seen over 20% growth in orders for the fourth quarter from Qualcomm, MediaTek, Nvidia and Spreadtrum Communications. In particular, orders placed by Qualcomm were more than 40% higher than the third quarter's level. TSMC previously guided consolidated sales for the fourth quarter would slip to NT$103-105 billion, down slightly from NT$106.48 billion in the third quarter. this is a good sign!