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Subject:  Re: OT: Tech Stocks Date:  3/6/2021  12:20 AM
Author:  FlyingCircus Number:  280660 of 281196

Lots of "reasons" proposed, plenty make sense. Big money draining out of most things tech, because like in 2000 / 08 the Players have decided the game is up. Absolutely the definition of a "crowded trade" on the way out.

Big differences with 00 - these companies have great products with leading-edge cloud-based software that is becoming enterprise critical, and many of them are actually making money / profitable.

Like you, I'm watching from the sidelines after a 10% retreat from the recent top. Tough to pick a "bottom", but if they've decided the game is up for awhile we don't want to be stuck holding a bag with a hole in it.
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