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"For the 1st time in long time I have begun to short big-cap techs," tweets high-profile tech...

"For the 1st time in long time I have begun to short big-cap techs," tweets high-profile tech newsletter writer Fred Hickey. He refers to the market's recent gains as " a dangerous, unsustainable Fed-induced rally." Last month, Hickey offered a downbeat view on tech stocks in Barron's, citing high multiples and weak PC, mobile phone, and enterprise IT demand.
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Comments (2)
  • Joe2922
    , contributor
    Comments (436) | Send Message
     
    Hickey may have a good trade idea; Decision time for bulls and bears right here. Click on link for discussion and
    chart http://bit.ly/WpVqYk
    27 Mar 2013, 01:54 PM Reply Like
  • whidbey
    , contributor
    Comments (3416) | Send Message
     
    My indicators are saying the margin is high and cash is low, seems like a top is in view. I am taking covering actions, and will short when I see some volume on the down side. As it is today is just a ride to the end of the month and quarter.
    27 Mar 2013, 04:02 PM Reply Like
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