Technology Companies overbought?

[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

[planteria]

anyone else here invested in tech companies?

[AAAlphaThunder]

anyone else here invested in tech companies?

No.

[planteria]

..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.

[AAAlphaThunder]

..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.

[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!

[AAAlphaThunder]

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.

[planteria]

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

[pabenny]

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

[planteria]

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