Seeking Alpha
  • Joe Springer
    Is this the beginning of the sell-off or just a down day? Big Losses in Materials, housing, and tech : $FCX, $ACI, $AXLL, $SHW, $AAPL, $QQQ
    2/20/13
    Reply (11)
    • realornot: beginning of pumping more juice by the Fed tomorrow. They love to trap bears. Sick...
      2/20/13
    • techwonk: Big losses in selected regional banks. Connection: any?
      2/20/13
    • losbronces: $CAT's results were bad too. Deflation has to be a consideration again.
      2/20/13
    • Joe Springer: The Fed did not say anything troubling, maybe a preview of what happens when the market thinks about the end of QE: http://goo.gl/0LhKl
      2/20/13
    • Joe Springer: RE: the banks, financials were hammered too, a broad sell-off..
      2/20/13
    • TruffelPig: Profit taking. Just that. Refiners had a super run up and lost some feathers. Buy NTI, ALDW on the pull back.
      2/20/13
    • TruffelPig: Rotate into biotechs before summer.
      2/20/13
    • Joe Springer: $NTI pulled back finally, nice run. Some FOMC think: http://seekingalpha.com/p/xp8z
      2/20/13
    • TruffelPig: Thanks Joe .
      2/20/13
    • techwonk: I'm seeing lots of decline in negative p/e low liquidity smallcaps, maybe some "reset" on valuation rather than a real selloff.
      2/21/13
    • Joe Springer: Nice note TW, could be that there is a real sell-off, it is just happening during a buy-in of the large and liquid, makes perfect sense.
      2/21/13