Simon,
Actually, several techs have held up surprisingly well. As mentioned Networkers and many internets..aol, yahoo, etc.
My big 'prediction' is MSFT. This puppy looks very vunerable right now, and one of these days it is going to break big and be at 100 in a flash. You had better have the strength of your most bearish overall market convictions to go short that one, though.
I am considering going short Gillette. I ran a screen with the following criteria: High price/sales ratio. High PE, High projected PE, highest Insider selling, Lowest price projections for short, intermediate, and long term using the Macro World Forcasting model. It seems to me I had a couple of other criteria. I got 20 names and G seemed very interesting. For those interested, DELL showed up on that list and is high on my list of soon-to-be-booties.
B. |
