ANTI-TRUST CASE AGAINST INTEL and MORNING COMMENTARY

http://money.cnn.com/magazines/fortune/fortune_archive/2006/08/21/8383598/index.htm

AMD suing over monopolistic practices at INTC, mainly in JAPAN.

The GENERALS, DELL; INTC;YHOO;EBAY;AMZN;GOOG;AMD; and a SLEW of others have been captured and hanged. You dont win military action without any generals, NAZ off 15% this year already.

General market leadership? Beaten down recent leaders.....CAT;MMM;DD;.......how many of the DOW 30 are near their 52 week highs?

Transports: Off nearly 20% from its "double top" all time highs. It is never good to have ONE INDEX going one way with the other/s going another way.

I believe the Transports are blowing a TUBA sized alarm, that ALL IS NOT WELL.

How is Housing doing? Largest UNSOLD inventory in at least 40 years? with prices still TOO HIGH?? DO you think weakness here will affect the employment scene? hasnt shown up yet has it?

Now the FED is pausing, watch LONGER term rates, will they defy logic and rise??????

Rest of world is TIGHTENING!!! OIL prices refuse to come down. Inflationary prices are now being PASSED ON and will filter into economy, FED sees this but can do nothing?

I am getting 6% price increases from most companies, got a 20% increase from one Canadian company.

REFI activity has EVAPORATED, this money WAS consumer spending backbone.

EMPLOYER employeee costs are RISING just as PRODUCTIVITY is FALLING!!!

I believe we have PASSED the PEAK in earnings........stock prices will fall IMHO.

Many indexes made their highs in typical fashion last MArch, it is my opinion and I am going to wait for a tradable bottom to appear in its traditional time frame SEPT/OCT and run with it thru DEC and cash out!

The FED pushed the envelope TOO HARD in housing to get us out of our deflationary bubble bursting spiral, but now it appears the HOUSING BUBBLE has been pierced.....and my friends, that can't be good.

Yesterdays reversal after a hoot n ninny open based on LOL CSCO!!!! WOOOOOOOOO was incinerated, cant be leaving bullsih traders with a warm fuzzy.

Duratek.....who you going to come to for the REAL STORY??