I think after this so called "correction" runs its course, then its 100% into geared tech funds IMO.
the sector is quite cheap relative to historical norms.
Other sectors I like as healthcare and big pharma. Should see some consolidation there.
Of course this so called correction may turn into a bear market, but I dont see that for the moment.
Good luck.
my FF of new leadership
Started by
Tor
, Jul 30 2007 07:44 AM
1 reply to this topic
#1
Tor
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- Traders-Talk User
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Posted 30 July 2007 - 07:44 AM
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#2
ogm
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- Traders-Talk User
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Posted 30 July 2007 - 08:10 AM
I think after this so called "correction" runs its course, then its 100% into geared tech funds IMO.
the sector is quite cheap relative to historical norms.
Other sectors I like as healthcare and big pharma. Should see some consolidation there.
Of course this so called correction may turn into a bear market, but I dont see that for the moment.
Good luck.
Two way to look at it, rising spreads in bond market may slow global growth,... may is the keyword.
on the other hand HSBC in their earnings release said that weakness in the US isn't affecting economic activiy elsewhere.
I think the panic in junk bond land was mostly caused by deleveraging. A lot of people have leveraged themselves up to the gills to pick up some yield when spreads were low. And now they are getting margin calls.
Otherwise the default rateon corporate bonds and still low. And emerging market debt is in great shape.
