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To: The Ox who wrote (1047)	7/16/2012 1:14:24 PM
From: richardred	Read Replies (2) \| Respond to of 8239

I've seen nothing but downward revisions by analysts and companies. So the bad news is well built into most traders minds. Maybe it will be IBM to get things started or sink more? SAP and ORCL reported what I thought were OK earnings. BTW- I nibbled on some IRF today after it bounced off it's 52 week low today. I know it could keep going lower, but I'm in a position where I will be willing to add more at a later date. It's the first thing I've added in high tech in quite some time.