Zeev Next week? You have 1370ish holding on the COMP and do you feel it's going to be down through Wed? Your expiration's week calls have been very good this year! thanks!
Zeev, My Dad just turned 69 and he has about $40,000 sitting in a money market account earning a little over 1%. He does not want to put this money into anything risky (hates stocks). Anybody have any good ides?
The chips are under a bit of pressure this morning. Texas Instruments (TXN:NYSE) was cut to sell by Deutsche and JP Morgan said it is looking for a "trough valuation" for the SOX of 210 to 235, which are the lows we hit back in October. JP Morgan believes that lack of a "killer app" is the real problem for the sector. "Growth is slowing for semiconductors ... Year-over-year semiconductor growth will be, at best, half of its historic 17% growth rate."
It looks like tough sledding out there this morning.
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