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« March Employment Report Preview | Main | Weighing the Week Ahead: Interpreting Mixed Signals »

April 07, 2013



I read your blog for many years. I think there are many reasons to get bearish now. I believe there is more downside then upside now.

Economic reports are weak. Even some markets were selling off last week for those who pay close attention! There is little innovation or excitement in tech sector. Intel can't even produce a faster chip! Imagine if Intel can't produce faster chips then it would be reasonable to see a multi-year prolonged bear market in technology. Case in point, I bought one of the fastest chips a year ago and at the same price point, there isn't anything better today.

I'm not looking for a bear market right off the bat but a good shaking out of a hundred or so points would be reasonable.

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