Microchip sales forecast cut by IC Insights NEW YORK, July 8 (Reuters) - IC Insights, a semiconductor market researcher, trimmed its forecast for 2003 worldwide microchip sales growth because of the falling price of chips
I see 2.5% growth too. Just enough to keep the bulls hoping and holding for more in 2004. Which means no big pullbacks. Maybe range bound. However, if the growth is much less than 2.5%, then some slippage can occur. I say 'can' because greenie can still print more money.
Zeev, The Russell 2000 index is very strong today. Short term it looks toppy and could pull back in the next few days but mid term looks very good. Am I reading this right? How does it look to you? Thanks,
Zeev, when do you think the lagging indicators of employment claims and and the unemployment rate will become important to the market? It seems like if growth is only 2.5 % in the second half of the year with the rates so low and the tax stimulus at a political limit, that there will be a great deal of market disappointment. What do you think? thanks , Rick