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.
"One indicator he does like is to track the number of stocks down 50% from their highs..."
Just curious, isn't this indicator most useful when forward looking earnings are positive and not negative? It seems there are not too many formal indicators that are useful in this environment other than technical chart analysis pointing toward SP 600.
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.
Laszlo Birinyi: S&P 750's the Bottom - Barron's Interview [View article]
Just curious, isn't this indicator most useful when forward looking earnings are positive and not negative? It seems there are not too many formal indicators that are useful in this environment other than technical chart analysis pointing toward SP 600.