Alphabet Inc. (Google) Message Board

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Technology Stocks : Alphabet Inc. (Google)

GOOGL 330.00

-0.8%

Jan 16 9:30 AM EST

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To: Lizzie Tudor who wrote (8468)	3/7/2006 10:26:44 AM
From: ig	Read Replies (1) of 15857

Honestly, AAPL's chart is saying "40-45" rather clearly. People keep talking about the tech rally, but there's nothing that says the rally isn't grinding to a halt before our eyes. While it's true that long recovery rallies always have to climb a "wall of worry" on the right side of the charts, it's also evident that many of the leaders of this rally are at prime profit-taking levels of resistance. I just don't see where "smart money" would be buying tech today. What I'm watching is energy. I think there's a bottom coming soon. It won't be long before "they" start hitting the Panic Button over Iran and the upcoming hurricane season. I've been fiddling around for a safe entry on PDC this week.

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