If Tech Fails, Lookout Below

November 8, 2007 at 9:53 am  ·  Category: Market Commentary, Stocks

“Remember, for the bears to take full control, I think they must take down the tech leaders.  Most of the market is hiding there and the bulls aren’t going to give up unless you bomb and completely destroy their safety shelter.”

– Charles Kirk, “Reversal of Fortune”, 8:18pm Wednesday November 7, The Kirk Report

“Forget the dart board and keep a very close eye on the Nasdaq-100.  There is your rainmaker.”

– Michael Kahn, “Watch The Nasdaq-100” (subscription required), Wednesday October 31, in his regular “Getting Technical” column at Barrons

Also see my “WSJ Article: “Tech Stocks Get Giddy”, September 26

Posted by Greg Feirman  ·  Trackback URL  ·  Link
 

Leave a Comment

Name required
E-mail required, won't be published
Web site