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S&P 500
7,022.95
(
0.80%
)
US TECH 100
25,481.60
(
1.34%
)
Dow Jones
48,463.72
(
-0.15%
)
Brent Oil
92.64
(
-2.96%
)
Bitcoin
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(
0.82%
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Post# of 704044
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Alexander

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Alexander

Re: Zeev Hed post# 270936

Saturday, 07/17/2004 4:36:53 PM

Saturday, July 17, 2004 4:36:53 PM

Post# of 704044
Zeev

As you know, IMO the tech incumbents are increasingly facing competitive pressures...hence I prefer to be invested in smaller tech companies that might challenge the Goliaths...

Anyway, I have been looking at MSFT, ORCL, CSCO and IBM's chart...and while i'm not a chart expert...my first impression is that those stocks could see more downside in the weeks to come...and hence pressure the market...

Just an observation

alexander
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