Post by
emiltech on Apr 08, 2022 1:18pm
Trending way higher
That is where I can see this market going from now on!
LSPD, part of this trend.
DYODD
Comment by
1condor on Apr 08, 2022 6:15pm
emiltech...The tech sector will struggle as rising interest rates are now in play through 2022. Will be very interesting to see how the tech sector reacts to aggressive rate rises (maybe even a couple being 1/2 pointers). Some would argue these rises are already baked into prices..but I disagree.
Comment by
ol_griz on Apr 09, 2022 10:20am
I find the assumption that future events - even well-known ones - are baked in is almost always wrong. The combination of slow off the mark retail and shorters consistently drives the price down when the axe finally falls.
Comment by
1condor on Apr 11, 2022 10:52am
emiltech...I like you optimism on the sector...but my glasses are not quite that rosey. As far as LSPD there is a technical trade setting up soon.
Comment by
BiggyG on Apr 11, 2022 11:01am
1Condor...I agree, just waiting for the right technical signal.