well, maybe not "no doubt" (BG)
i just think it has to end spectacularly and FAST. so many are participating in this bubble and KNOW it is a bubble, they will sell first and ask questions later. MOst stocks have put in repeated bounces... FRE, FNM, BRKA, KO, G, ELN, LLY, PFE, MRK, JNJ, DIS, MO, BBY, GPS, CMB, C, JPM, MER, SCH, XOI (the breakdown of this index has lead to every minicrashof the last 3 yrs), NKE, the list is miles long... tech and internut will not give you time to think, imo-- they will just implode... the only thing holding them up is "nothing"
have a look at RCA's chart in 1929 or tech in 1987 (in 87, you had 5 days of falling and one bounce before the crash wave hit....) |
