So far I'm not worried about this correction either. I'm hoping that what is happening today is the factoring in of the third rate increase. Hopefully, capitulation can happen soon, if not today, before a continuation of this bull run.
Despite the declining dollar, trade deficit, valuation issues, etc., I still see more positives than negatives for the inet sector. Remember, we've already been through a very stiff correction, and I won't be too concerned about market excesses until the dot and iix attain record highs again.
b2b is a frieght train barreling forward, very exciting developments in comm infrastructure continue to unfold, and e-comm is poised for a terrific xmas....
I remain fully invested, no margin, and not yet buying this dip.
Rob |
