Running Strong Again: The Four Horsemen of Technology [View article]
Bill, how can you honestly pump this sector? Click ads will diminsh in this environment, consumption raised it's tiny head over the holidays but is going dormant big time. GOOG is overpriced or at best fairly valued, AAPL will likely give back recent gains, all will be wondering where the buyers have gone. We may see them ride a pony, but only briefly. On any strength I'm short via QID.
I believe this retest will hold and rally from SP 750. However, I also believe we will get to SP 600, eventually....likely around Q1 earnings and/or negative geopolitical events later this spring.
Running Strong Again: The Four Horsemen of Technology [View article]
We may see them ride a pony, but only briefly. On any strength I'm short via QID.
Market Headed to Retest Lows? [View article]