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Technology Companies overbought?

Posted: Sun Mar 01, 2020 11:09 am
by planteria
i'm off the scale long Amazon and Alphabet, so i've taken a slapping in the last week or so, along with many investors in many companies..

any thoughts re these companies?:

https://www.ii.co.uk/analysis-commentar ... t-ii510577

Re: Technology Companies overbought?

Posted: Mon Mar 09, 2020 9:27 am
by planteria
anyone else here invested in tech companies?

Re: Technology Companies overbought?

Posted: Mon Mar 09, 2020 12:38 pm
by AAAlphaThunder
planteria wrote:
Mon Mar 09, 2020 9:27 am
anyone else here invested in tech companies?
No.

Re: Technology Companies overbought?

Posted: Thu Mar 12, 2020 8:39 am
by planteria
planteria wrote:
Sun Mar 01, 2020 11:09 am
..so i've taken a slapping in the last week or so..
the slapping has continued. fwiw if the new tax year was upon us today i would be adding to my Alphabet shares at this price.

Re: Technology Companies overbought?

Posted: Thu Mar 12, 2020 1:24 pm
by AAAlphaThunder
planteria wrote:
Thu Mar 12, 2020 8:39 am
planteria wrote:
Sun Mar 01, 2020 11:09 am
..so i've taken a slapping in the last week or so..
the slapping has continued. fwiw if the new tax year was upon us today i would be adding to my Alphabet shares at this price.
I can't see Alphabet going bankrupt so a good move.

Re: Technology Companies overbought?

Posted: Fri Mar 13, 2020 2:05 am
by Sarah
I'm adding to index funds and fixed rate savings. Still have around £5K of this years ISA allowance remaining and then I'll increase contributions more slowly once we're into the next tax year. I'd be happy to hold Amazon and/or Alphabet but no idea of the correct price for either of them!

Re: Technology Companies overbought?

Posted: Fri Mar 13, 2020 8:27 am
by AAAlphaThunder
Sarah wrote:
Fri Mar 13, 2020 2:05 am
I'm adding to index funds and fixed rate savings. Still have around £5K of this years ISA allowance remaining and then I'll increase contributions more slowly once we're into the next tax year. I'd be happy to hold Amazon and/or Alphabet but no idea of the correct price for either of them!
There is no "correct" price. It comes down to what your objectives are.

Re: Technology Companies overbought?

Posted: Fri Mar 13, 2020 9:31 am
by planteria
looking at the graphs for both makes them a buy for me..

Re: Technology Companies overbought?

Posted: Fri Mar 13, 2020 9:49 am
by pabenny
You don't think that, along with the rest of the markets, they've further to fall?

Re: Technology Companies overbought?

Posted: Fri Mar 13, 2020 11:02 am
by planteria
maybe.. but i think they'll be significantly higher in, for example, a years time than they are today.