Zeev's Turnips Patch-No Politics (ZEEV)

[DlphcOracl]

Zeev: I think INTC opened Door #1. They were....

...more upbeat and positive on their business prospects for the remainder of the year than I had anticipated. It will be interesting to see how the market reacts to what I consider to be positive news from INTC. If the market has a muted response or continues its decline for the remainder of the week, this will raise a large cautionary flag for me.

Investor and Wall St. sentiment has been overly optimistic and a market that does not respond to "good" news is a warning (to me, anyway) that the underlying investor optimism and increased risk tolerance that has propelled the market for the last 18 months may be reversing itself.

Caveat emptor.