Check out AMD and TXN AH. Not that their result were bad. The stocks are way way way ahead of their results. Same is true for 95% of the stocks in semi sector. 10% correction would be healthy.
I totally agree...if you look at SMH it's done absolutely nothing but skyrocket, it's up huge in 5 years .....the semis have been literally the #1 outperforming sector of the market....every stock has been on a tear including NVDA and TXN....even a simple 25% correction would look like a small little blip on a chart, after the run these stocks have had without a sizeable pullback in nearly 10 years....
I bet people would be whining like little bitches if there was a 25% pullback ..SMH is up over 500% since it's 2008 lows!!!!!!! 500 fu$king %%%!!!!! even if it dropped 54% no one should be bitching....do people really anticipate a continuous upside run without any sizeable correction moving forward??
I don't think anyone will bitch about a 25% pullback. They will buy more. Whether that works out remains to be seen.
With all due respect to you and no insult to you. What you are saying is reflecting market sentiment now. They think that they can handle 25% pullback. Just imagine the chaos if DOW droping 1000 points which is only 4%. Now imagine to drop 2500 points which is only 10%. You will see lots of throw ups on the Wall Street.
I don't think anyone will bitch about a 25% pullback. They will buy more. Whether that works out remains to be seen.
I don't think anyone will bitch about a 25% pullback. They will buy more. Whether that works out remains to be seen.
