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  • February Chip Sales: I Call Bottom ... Until the Next Bottom [View article]
    The fact that the rate of decline for semi-conducutors is moderating - the so called second derivative improvement - has been fuelling most of the recent rally.
    But according to market folklore one has to be discounting 6-9 months ahead, so if others are jumping back in and pushing prices of equities up more and more are taking the view that they might as well get on board for the ride.
    Convinced .... nor am I.
    Apr 04 09:35 am |Rating: +1 0 |Link to Comment
  • Preview from Europe: Another Rollercoaster Day on the Markets [View article]
    How long do you think it will take the forensic accountants to figure out just what value to put on Barclay's assets?
    Jan 24 06:29 am |Rating: +1 -2 |Link to Comment
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