Barron's Getting Technical column (paid subscription required) recommends that investors sell their 'Net stocks. Michael Kahn points out that:
Prominent Internet stocks including Yahoo!, eBay and Ameritrade
"started slipping again in November and has been down ever since".After a long analysis of the Internet index charts, he concludes that
"...since the [Internet] sector is already underperformingIn other words: get out.
the market, the charts suggest that the next rally might be investors'
last chance to get out of this weakening sector before it falls."