However, I believe that the semiconductor index (SOX) is due for a rebound especially given how low many semi conductor stocks including INTC are trading at.
The catalysts for the rally are the following:
1. Windows 8 to start selling after customers are educated by word of mouth of the benefits of converting to the new OS.
2. Thanksgiving holiday buying season would help spur the adoption of Windows 8.
3. Mobile growth, more demand of semis for electrical appliances.
4. Technical rebound.
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