Likely these larger, more established stocks will become buys again as the froth gets washed out of the market,
The reality of the marketplace is that markets are made of buyers and sellers. Stocks go up and stocks go down,
We have a blue-light special on tech stocks in aisle 5. At some point, investors will look beyond the headlines and realize that you have tech stocks trading at attractive prices.
These stocks will find their footing. The market is trading on emotion and I have a feeling we will get a snap back rally and move up in large cap techs in short order.
These stocks will find their footing, ... The market is trading on emotion and I have a feeling we will get a snap back rally and move up in large cap techs in short order.
The most oversold heavily shorted tech stocks are leading the group higher. To me, that's not a sign of a healthy rebound, ... What I want to see are the strongest stocks showing big volume and rising. Few are doing that.
A lot of tech stocks that were 'Steady Eddies' were not subject to hype. They were boring stocks. But those stocks had strong top- and bottom-line growth.
The chip sector is one area where people might be getting overly pessimistic. A lot of damage has already been priced in and if there is any strength in the economy in 2005 these stocks should do well,
The greatest mistake that people have made over the past three-to-six months regarding tech stocks is failing to listen to what the market is telling them,