The earnings came out after the market closed today. So I assume that it was a case of Tech Shakeout today. I think alot of people would be reluctant to buy a company the day earnings are due in this market environment.
Tomorrow, who knows what will happen. I plan to keep my techs NT, GLW, JDSU, ORCL, NTAP, CMTN thru the ups and downs, dollar cost averaging as we go. I just have been thankful that I started increasing my exposure to non-techs since Jan (WLA, JNJ, WMT, PG, DPH, AVA). Of course my dregs have been butchered (CCUR, NPNT, NCNT, ATHM, LGND) but that was only play money anyway.
GR |