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Still early to call market uptrend is dead ...
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Still early to call market uptrend is dead ...# Stock
A*d
1
The high vol sell off in the high growth tech sectors should raise a yellow
flag on the current market rally.
Whether the earning warning from EQIX caused an overblown to other peers or
it is the harbinger to much more selling in the weeks ahead remains to be
seen ... More cards need to come out of the market to say the up trend is
definitely dead.
As earning season is coming out and a favorable seasonality and potential
fed QE2, we should take a wait and see mode ...
I will continue to hold my core positions on TNA and GLD/DPG, if market
conditions improve, I will have no hesitance to move back to high growth
stocks, such as NFLX or BIDU.
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b*e
2
What's your target for NFLX and BIDU please?
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