gabe borenstein

How Wall Street's Meltdown May Affect Tech Sector

The "carnage" in the financial sector ,is really a correction and a part of the market consolidation.What impact that will have on the high tech sector ,remains to be seen.It is conceivable that the high tech sector will do fine financial as the firms try to spend more on technology in order to reduce the operational costs. Conceivably ,foreign costumers will step up with the orders to maintain technological competitiver edge.
After this consolidation,the equities should move higher .The economy will surprise investors by the end of October and the equities will move higher.