Re:
Nasdaq was once again smashed
Weakness may have to do with the raft of recent tech IPOs. So people are selling frothy tech stocks to buy even more frothy tech stocks. The only tech stocks I can see offering reasonable value are Apple and IBM. Apple I am skeptical they can keep shoving overpriced handsets, pods and pads down people's throats, particulary Australian ones. Pretty soon to be a commodity company imo. IBM has delivered 6 consecutive quarters of revenue so not going in the correct trajectory.
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