Chances are you shorted the NDX futures or put on some other creative hedge. No questions asked. We've shown you the following chart before and now here's an update. Anything can happen in the wacky market environment of the present. Now that the earnings are out of the way, maybe the party will continue.
Folks now have the chance to buy many of their favorite techs at what is perceived as sale prices.
The only hang up is that the techs will go into the 4Q confessional box in about 8-10 more weeks. Oh well, that's basically a lifetime in the new era. Patience is a virtue, even in a bear market. We previously advised against betting on near term crashes. The DOW simply is not far behind.