I tend to agree with you there, Tech valuations are still very...

I tend to agree with you there, Tech valuations are still very overvalued after last years big run up. With 2.9 major support failing to hold and lack of buying interest the next supports are 2.5,2.0 & 1.5. The debt warehouse details might be released after March but the full utilisation of the 100M demand could take 1-2 years to deploy. My guess is they will do 20-25M increments every qtr or so. Hoping I'm wrong and it takes under 6 months for the full 100M to be deployed. I think we will eventually see the 1.5-2.0 range hit over the next month or so. Then as you described have an accumulation period for 6-12 months while we wait for revenue growth to kick in until we are cash flow positive. That's when I suspect SP to start heading North again imo. SPX definitely put in my bottom draw until we see details of the DW & start getting closer to cash flow positive. GLTAH