The timing of this reset relative to current stock prices is not a prediction of further weakness.

Gold has lagged behind what many analysts had expected or hoped given the prevailing dollar weakness, ... Gold has seen some liquidation, from one fund in particular, and I suspect that is still weighing on the market.

It is a talent of the weak to persuade themselves that they suffer for something when they suffer from something; that they are showing the way when they are running away; that they see the light when they feel the heat; that they are chosen when they are shunned.

The worst of the news is behind us and if people think the sector will bounce back, investors will buy stocks ahead of that,

Inventories were getting burned down heavily in January and February and that should continue into March. Chip shipments should be reflecting true demand in the second quarter.

HP's best business is printing and imaging and the company diluted that by buying Compaq,