QID - QLD TRENDS (fka )

[J Kirksey]

TXN damaged goods - Q: can XLNX news more than counter TXN reaction?

This is a test of the semi/tech resolve. I expect semis to more than recover the losses of Tue.

Expectations are that Feb/Mar was/is the inventory correction trough.

Larry - perhaps start positng how many semis that have hit recent highs higher than they were at Nov/Dec SMH peaks - start with INTC, TXN, KLAC, NVLS, .......

With SMH near its DEC high, some of the above list [whether SMH/SOX member] must be above their DEC highs!