The Black Box

[michalel97123]

fed language change has no meaning especially with the 4% number and csco urging caution. Having said that corrections are a necessary evil. Personally i think chambers is setting up(not deliberately) for an upside surprise quarter by dampening expectations. The patient is weak and capex spending is starting up but cautiously. This has bullish implications for the long haul because it neutralizes the need for fed rate increases any time soon. I hope that i am right anyway. mike