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July 31st, 2012 at 1:05 pm
DIA/Jerconn – Well there is that. Maybe they are trying to drive the last few people (I think its us) out of the markets.
Gratitude/1020 – Very good point.
MLNX/Jerconn – I hate fabless semis. You never know what's going on from moment to moment.
Also, I know the market is going lower when I start getting Emails from analysts trying to convince me that my take on the market is wrong. I love it when they try to change my mind. Here's one guy (I guess he wants people to read this) who's targeting 1,600 on the S&P based on some seriously faulty analysis of the Dow:
Postal/EM – That's going to be another catastrophe. Congress doesn't let them raise rates and then freaks out when they are over budget – it's ridiculous.