No buyers in this latest rout

Seems that nobody is rushing in to buy this latest tank of the high growth/IT/SaaS sector stocks… there appears to be no end in sight.

4 Likes

Agree, today is pretty brutal… Just have to keep waiting it out. Hopefully this is not like a 5 year turn around.

Correct. It’s made simplistic by the chart.

When the blue line on this chart goes above the red line, THEN it may be time to start moving back into SaaS stocks.

“Ah yes! I was wondering what would break first. Your spirit, or your body!” The Dark Knight Rises: You merely adopted the dark, I was born in it. - YouTube

1 Like