It seems like yesterday they (analysts) were all singing the praises of this sector and its growth potential for the year, lifting the buy rec's for this one in the mid to upper 40's. Get the suckers in at those prices and then get your preferred list short and down she goes.
That all being said, plant utilization is up again and they're beating the drums about equip needs. SOOOO, for the long crowd I did buy in here at 43.30. INTC falling like rome and hit a new 52 week low and actually dips below 20!!! AMD is a screaming short but not ready to hit the button just yet.