Markets gave back around 4% after being UP for six straight weeks......
Fear trade was in vogue with Gold & VIX shooting UP......
AH futures are all small green.....
AH ER saw IBM & TXN in focus.....
IBM EPS was better than expected but Sales were lower..Down $1.93 AH.....
TXN was a beat on both Top & Bottom line...Guidance was way ahead of consensus.....UP 31 cents AH....
TXN better than expected ER is having a positive impact on most of my Techs UP AH modestly ...including MRVL,NVDA,RIMM,PALM.....
Because of the severity of pullback today...we MAY see a half decent close on Tuesday......
BLOG does NOT give buy or sell.
Saleem
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