The semi’s look like they have rolled over – SMH et. all

This is very troubling.  The saying is “As goes the semiconductors, so goes the dow”  The grandaddy of them all INTC looks real bad.  This sucks as I am starting a new technology related construction estimating job on April 18th.  It is temp to hire for 4 months.  Time will tell, the tape will tell.  I will be watching very closely.

And then you have the cloud computing craze from late last year like FFIV.  I now have a short position against that one.  Will be looking close at the SSG also.  CSCO looks horrid also.

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