prospector

A Rare Buying Opportunity in the Tech Sector

Goog, Aapl, MSFT are all tech. Tech stocks are seasonal commodities. August to January they're prices are up. February to July, they're down. I just wish I had known this before I bought MSFT at $36 bleeding dollars. "wimper.... wimper..... sob....sob..." I feel like a kicked puppy for getting in at the peak.

Whether or not we have a recession doesn't make a difference to tech other than the fact that a recession will make tech stocks go down MORE than it normally would anyway.

If you want to salvage the tech stocks you own, there will likely be a small stock rally following the Goldman Conference in Las Vegas 2/21/08.