Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Tuesday, June 23, 2009

barrons starts a "Tech will not save the day"

MEME

http://online.barrons.com/article/SB124564101311336347.html?mod=wsj_forward

AS RECENTLY AS LAST week, some analysts were touting technology stocks on the belief that they will beat current expectations. However, the charts are heavy with bearish technicals, suggesting such a promise may be empty

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