I think you realize that the Tech sector has been going through a bear market since
last Oct. Look at Intc, from $100 to $66, Adpt, from $40 to $13, NSM from $40 to $15, WDC from $40 to $11, Seg from $48 to $22, Qntm from $48 to $21, AMAT from $60 to $27 ......etc, with more than 50% drop in less than 8 months, I do not
think it is a correction in a BULL market. It is really a bear market, and you need to
face the cold fact. And the Bear market for the Tech is not over yet , but it is close to the end. I am not saying that once SEG drops to the level of $14 to $15 , it won't
bounce back forever, it is just another beginning of a big BULL cycle. |
