Subject: OT: Not forever - some things end
Did you notice how far Tech is down from their highs the last 1/2 year?
SAP: 270 -> 168
Amazon: 250 -> 505
Tesla: 410 -> 338
Palantir: 200 -> 130
Meta: 660 -> 550
Microsoft: 450-500 -> 385
Exceptions: Nvidia, Intel, Google and Apple (which in my book is rather a consumer brand).
I am not saying itīs time to buy them cheap now. Au contraire. My impression is that the hype is over.
Supported by if looking at a 1 year chart (just try it) Jimīs now clearly visible "rounded top".
Plus by the fact that the indexes are at or about to cross their 125 SMAīs.
The question for me is when to go short (I am already with Nvidia+Palantir+Meta; though big yet only with the more predictable Berkshire).