First post on Analog Devices [ADI]

If history is any guide, the airlines and the semiconductors roll over first.  Transpos are clearly down so I am wondering when semis begin to play catch-down to them.  This thinking brought me to the chart of ADI which seems to be in the terminal stages of 5 of C.

Those following this stock appear to just be looking at this rally since 2009 in a vacuum.  They don't seem to realize that all of this is still just a retracement of of the initial wave of crash of dot bomb.  This peak is actually B of C by my count with the 2009 low being A.   If this count is right we should see a rapid reversal in the fortunes of ADI going into Q3 and it will eventually end up at a lower low than the 2009 low.