Adamsb

Overweighing Tech

Long
OANDA:NAS100USD   US Nas 100
I have on friday evening extended my exposure towards tech stocks. This is not because I think there is value. I do, however, think tech is overvalued. From a statistical/mathematical standpoint it is relatively "cheap". I have bought some contracts, and my current target is around ath . If we break below 10500, i would consider reducing exposure. Cheers.
Comment: added on Friday evening. I am expecting some very bullish weeks, the next couple of weeks.
Comment: Fantastic!
Comment: I am closing for at short period of time. Expecting further declines to around 11550. I will update when I buy it all back.
Comment: Full exposure here at 11600 again

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