lt cap,

Obviously your take on INTC in the short term was quite right, as it's off almost 10% - kind of a 'double beating' compared to other stocks today. Your caution on the market in general is also apparently spot-on, as we head for a lot of stocks in bear territory get more bearish - and worse (incl. the optical networkers - INFN at $14.60? What? lol) It's beginning to feel to me like we might start hearing the word 'capitulation' that usually occurs when stocks have sold off heavily, and just keep doing so.

Today's ugliness is almost surreal when I look at the prices and the paper losses.