A diary of the thought process behind my investment decisions
Don't Let Intel Lead You Astray
I don't believe that Intel is indicative of the rest of the economy as we are in the midst of an upgrade cycle to Windows 7. In addition, Intel is almost always caught by surprise during turns so their outlook is not worth much to me. The economy is slowing despite what Intel might say. Usually during a rally cyclical stocks outperform but I believe it will be different this time. I expect defensive, cheap, large caps to outperform even in the event of a further rally.