jonreagan

Is Tech Still a Safe Haven?

While it's normal to ascribe some downward movements after a run-up to "profit-taking", the trashing of GOOG, AAPL, and RIMM in the last week reminds me of the free fall that AAPL went into last August....immediately before a hedge fund redemption date. Institutions looking to raise cash are going to dump the good stuff, not the dogs...