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Msg  4214 of 4307  at  3/3/2021 9:51:40 PM  by

datagrinder


 In response to msg 4213 by  AZWarrior
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Re: Anyone else like me!!

It's frustrating. Today MU preannounces stronger numbers and stock is down. Says pricing will be firm all year. Still sells off. So that is the tell.

The cloud IPOs and SPACs, led by bubble Tesla, have been floating too high for months and are now selling off. Unfortunately the semis are getting caught in the same basket. I think there will be flows eventually from the nosebleed techs into semis but it may take a while to settle out. At least we have a strong buyer in CRUS to ease the bounce.

dg,



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