Monday, October 30, 2006
Walmart and Semiconductors are signaling that Party is over
If you talk WMT you talk American consumer, if it can not grow Sales any more even with artificially low oil prices for Election Rally it tells real trouble: yield curve is inverted for reason - it is practically recession already. Transportation with Double Top signaled contraction earlier in Mid Year. And now story about SNDK is making its way into PC market and bellwether of Tech semiconductors will take the hit soon. Party is coming to The END check your Water Supply.
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