Heinz, I don't know how you can say complacency is the name of the game. Have you looked at any charts on the nets? Try ebay, amazon, yahoo, aol, spln, athm, nsol, rmbs, amtd, nite, egrp, tscm etc etc. Complacency? I'd say 50% haircuts in one month isn't exactly complacency. I'd say it's more like margin selling is in full force once again.
I'd say complacency if people were actually buying these dips. With these haircuts, I just can't see anyone doing that right now.
Good time to be short the nets. Hope you're making a ton if you are. |
