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!
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