Conan the Barbarian

Preview from Europe: Another Rollercoaster Day on the Markets

Geithner put a Bullseye on the USD. Gold answered his call to Depreciate the dollar. The other commodities did not join the fray, they did not appreciate as much.

If the Chinese take it as Political Grandstanding, the status quo will be maintained a bit longer.

But what Gold did in response is just a forerunner of what will eventually occur.

Maybe Geithner thought the USD would drop. Instead it held firm and Gold rose instead.

The economy is to fragile for this sort of misguided rhetoric. IMO

Preview from Europe: Another Bear Market Bounce, Or Bottoming?

Microsoft to fire 5,000 including 1,400 immediately. Reducing spending, hopes to save $1.5 Billion annually.

Guidance? None, no more for the rest of the year.

The Street Is Nervous Anticipating Intel's Earnings

A sub $2 AMD would create a major buying opportunity.

I don't own AMD but the AMD Graphics division is playing havoc with Nvidia's profits. If there is to be a light in this tunnel, it will be the gaming crowd.

Meanwhile, the Intel crowd has nothing to fear from AMD.
Unfortunately for Intel, it has been focusing on the wrong competitor. China has gone from ashes to a quadcore cpu which it plans to ship by 2010 as a direct competitor to Intel. No Patent infringement suits available since the architecture is not x86, MIPS instead. Software extensions will provide compatibility. They will also start building their own Supercomputers.

When the recession/depression ends, Intel not AMD will be in the crosshairs. IMHO