Marvell Technology Inc (MRVL)

[randygee]

I respect your opinion...but my opinion is opposite...

here's my take on the current "Joe Q. Public" mentality of the market:

-housing market "crash" is mentioned every day...this will lead to a recession...
-market is too high must correct...
-interest rates HAVE to go higher, they are still historically low
-consumer is tapped out (have been hearing this for over a year) eventually has to come true...rates were rising, then gas was too high no xtra money to spend)
-bull markets don't last forever
-profits HAVE to decrease, economy slowing (although they held up pretty well when inflation was running 3+%)
-no crash in Sept/Oct, must happen in Nov/Dec, we're overdue and this is just a "correction" of the "downtrend" that started last May.
-all the charts I see and all the newsletter I read are saying the market rise isn't sustainable
-everyone is short on the Yahoo message boards, therefore I should be short too (joke)
-Hedge funds control the market and they are more often than not short the market
-Volaltility index is where it was in May before that month's major downturn

I'll stay short and ride out this irrational exuberance...

Signed,

Joe Q. Public