Tuesday, February 12, 2008

Techs not participating in rally

Techs are sluggish today, with AAPL down almost 3%. Looks like going into options expiration the Qs will swing down one more time. Energy stocks are also losing "steam". I'd rather be short than long here... "U.S. stocks rose for a second day, led by financial shares, on expectations Warren Buffett, the world's No. 1 investor, will help calm credit markets by offering to shore up bond insurers' finances." - Bloomberg.com