New World A-Comin'

[jbsliverer]

Tech-Spec getting wrecked and think we might have a bit more wreckage to come short term, with some of the more higher spec being totaled for quite a while. Been hearing "buy the dip, any dip" is on it's last legs right now in that sector. Maybe in the second half of this year, some of her plays may pan out, and there will be specific few tech and spec jumping out to be leaders and successes, but I think it will be more on plain luck, not her philosophy so much. She's no Buffet that's for sure.

If your talking some of the big names like GOOG or MSFT, there might be some bargain hunting there with those type, but all these really high valuation stocks of 21, there will only be a few comparatively that rise above. So I can't have the faith in being heavily invested in those sectors or her abilities to pick them. To be honest though, I'm not at any time any more than 15-20% of the whole buying speculative stocks even when they were doing gangbusters (not counting day trading or short term), that's just my philosophy and my own rules.

There is a big time rotation of money out of spec-tech right now with retail and institutional and I think we have a little more rotation to go. The whole sentiment for that is in a downward trend right now. Once it settles down a bit, maybe take a look again at that time.