Ander's Market Theories

[AnderL]

It's good to see IHub back up and running again. So where are the conspiracy theories relating the IHub crash to the drop in the market yesterday? ;-P

Depending on how the NDX trades today I may be a buyer today. I'm expecting a gap down from yesterdays close due to Intel loosing to the likes of AMD and inventory build up. Personally I prefer AMD processors over Intel. Better performance with less heat. I still detest Intel for it's marketing the MHz by cutting the amount of data per operation in order to boost MHz. You didn't get any more performance but it allowed consumers to think that the processor was more powerful because the MHz number was higher.

50% of bounce is 1531 about 21.50 on the UOPIX. Consolidation there would be bullish but I expect a bounce off the recent bottom. If the second bounce does not get momentum then I'll exit break even or slightly higher and convert to USPIX for the drop to 1500.