John Holmes Chambers is going to crap on the markets.
We said the same thing about EMC a week ago didnt we! I know that EMC is a great company, I just dont know if tech is the place to be right now. Im not sure you shouldnt be in just cash right now. What do you guys think?
You'll be able to buy a lot lower. The market has not tested the lows yet and we don't have capitulation. Now if this is a long bear market, cash is definitely the place to be. Either scenario still says to short into strength or stay in cash.