Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: TFF who wrote (80547)	7/15/2008 10:11:07 PM
From: Real Man	Read Replies (1) of 94695

I find it hard to believe that the five tech horses - GOOG, BIDU, RIMM, AAPL, AMZN - will escape a recession without a large 70% plus drop. These are in huge disconnect with what is happening in the real economy, not to mention that their valuation is already on Mars. 3 of these (RIMM,GOOG,AAPL) are responsible for 1/2 of Nasdaq-100 advance from Jan/Mar lows. -ggg- Look at that unfilled upside gap! stockcharts.com What was actually happening - market neutral hedge funds got long tech, short banks, or long commodities/commodity stocks and short financials. Thus, a pressure on those ( the margin man) could lead to some cross-currents -g-

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