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To: The Ox who wrote (2447)	7/23/2013 4:13:45 PM
From: The Ox	Read Replies (1) \| Respond to of 8243

BRCM misses on revs, guides lower on revs....looks like an EPS beat of 2 cents. Down to 30.50 a/h

To: The Ox who wrote (2447)	7/24/2013 9:41:06 AM
From: The Ox	Read Replies (1) \| Respond to of 8243

Gap and crap everywhere early. It will be interesting to see when or if that reverses. It's been a while since we've seen a real "profit taking" day. Not sure it will be today but we are overdue.... EDIT - the weekly trend lines on the hourly charts have held during this entire rise. Watch these carefully to gauge if we are really trying to break down. That's where I'd be cautious. Each test of the trends have resulted in strong rebounds. This is the mostly likely setup. It's worth considering a change but not sure you should count on it!!

To: The Ox who wrote (2447)	7/24/2013 10:29:31 AM
From: richardred	Read Replies (2) \| Respond to of 8243

>At the moment, it looks like it's ready to blast back upwards.... Not to be negative but I was hoping we'd get the start of a breather soon. Maybe in a few days? A lot of the multinationals RE: Cat need a good global economy. I think Europe still is hurting and China is still a big question mark. Since healthcare policy is delayed another year. US Business are sill deferring making some long term planing decisions. A year from now is still a guess. To me, business deferment would only hurt future job growth. I've not seen the executive branch of the Government taking credit for a record stock market. Presidents as far as I can remember don't like taking credit for a good market. If they did, IMO that could be a trigger for a decline. OTOH- I think fat 401-k's and IRA's build consumer confidence.