Technology Companies overbought?

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planteria
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Technology Companies overbought?

Post by planteria » Sun Mar 01 2020 11:09am

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

planteria
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Re: Technology Companies overbought?

Post by planteria » Mon Mar 09 2020 9:27am

anyone else here invested in tech companies?

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Re: Technology Companies overbought?

Post by AAAlphaThunder » Mon Mar 09 2020 12:38pm

planteria wrote:
Mon Mar 09 2020 9:27am
anyone else here invested in tech companies?
No.
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Re: Technology Companies overbought?

Post by planteria » Thu Mar 12 2020 8:39am

planteria wrote:
Sun Mar 01 2020 11:09am
..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.

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Re: Technology Companies overbought?

Post by AAAlphaThunder » Thu Mar 12 2020 1:24pm

planteria wrote:
Thu Mar 12 2020 8:39am
planteria wrote:
Sun Mar 01 2020 11:09am
..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.
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Re: Technology Companies overbought?

Post by Sarah » Fri Mar 13 2020 2:05am

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!
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Re: Technology Companies overbought?

Post by AAAlphaThunder » Fri Mar 13 2020 8:27am

Sarah wrote:
Fri Mar 13 2020 2:05am
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.
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Re: Technology Companies overbought?

Post by planteria » Fri Mar 13 2020 9:31am

looking at the graphs for both makes them a buy for me..

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Re: Technology Companies overbought?

Post by pabenny » Fri Mar 13 2020 9:49am

You don't think that, along with the rest of the markets, they've further to fall?

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Re: Technology Companies overbought?

Post by planteria » Fri Mar 13 2020 11:02am

maybe.. but i think they'll be significantly higher in, for example, a years time than they are today.

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