Intel Miss Earning Drag Down The Market
The market is down this morning as the earnings from Intel disappoint. But I think the Intel reasoning is just an excuse because market has great earnings news from Motorola, Yahoo, and Industrial like 3M and GE. If the market is truly bullish, it would have ignore Intel. Right now we are certainly looking at the market as glass half empty. So what would turn the market sentiment around or is the market forecast something about the economy, like recession???
On Exxon Mobil’s block trade, it appears that it has something to do with Refco. But details are still unknown.
It's not when you buy. It's when you sell!
