Replies to post #30424 on The Black Box

[michalel97123]

Think greenspans remarks turned markets. He was speaking on impact of higher energy prices on the the economy and apparently saw more risk of eco slowdown than inflation. Now he is our hero. OY

http://biz.yahoo.com/ap/060607/greenspan_oil.html?.v=4

[mjk]

well at least you changed, and quick at that <g>

You and diesel were right IMO, this june low will be it for the year and the fall will be fine...the dow broke out of the two year trading range then backtested the top of the range with this sharp drop...I'm sure others have the same idea that I do about what this means. Also perfectly following the pres cycle with this low. I still expect dow 12000 before the end of august and possibly 13000+ by jan 07, with a small correction in sept into oct.

edit: my two favorite semi's brcm and pmcs have taken a good beating, so I'm buying more today

[Stock]

super!

Novellus Puts June Quarter Sales At $400M-$410M

06/07/2006
Dow Jones News Services
(Copyright © 2006 Dow Jones & Company, Inc.)



(MORE TO FOLLOW) Dow Jones Newswires

06-07-06 1646ET

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*DJ Novellus Tightens 2Q Bookings To $435M-$450M >NVLS



(MORE TO FOLLOW) Dow Jones Newswires

06-07-06 1647ET

Copyright (c) 2006 Dow Jones & Company, Inc.