Tues. for NASDAQ?

We suppose Benny could do anything he wants for a little while, but there is no reason for U.S. stocks to go up and especially not tech. We do not see Tues. as a jump day and especially not a high volume day. Of course, we haven't checked Europe overnight, but we will soon.

Semiconductors and tech in general - Silicon Valley

As we recently reminded, the lead time for semi products is long, even if they are simple analog products these days - because simple analog products, these days, have to be smart analog products.

If the tech volume ramps up, the semi's (run mostly by not the brightest business folks in the world) are then forced to ramp. If the economy changes within the 6 months of their big ramp, then it's kind of an "oops!" More so than in any other industry.

So if outlooks go up and down relatively fast, and if the chip fellows knee-jerk react to it, and also the products can be obsolete in 6-mo., then what is the inventory situation? Pretty ugly? Probably you should call us before you invest.

Benny's volume trade

Benny went to a good school and he took at least one physics class.

Benny knows that once a big heavy truck starts speeding up, then it's really hard to slow the truck down. Of course, once a big heavy truck starts to stop/slow down, then it's really hard to get it going forward again!

So once the sell volume brings the xyz price down, it takes a little while for xyz to start moving up again.

In case Benny wanted for xyz to go up, then he would just need to have the buy volume exceed the sell volume by just enough. Then, with his large volume, he would create a big heavy truck speeding up. It would take a little while for the truck to slow down in that opposite case.

The absolute best part for Benny is in tomorrows blog. :)

Exactly as we said

We hate it when the semi's go down. Why would they go up? Because the worldwide economy is so obviously strong? It takes about 3 to 6 months to produce a semiconductor product. Are you aware of what that means? We are.