RE: Don't panic27 Jan 2025 16:26
Yes i agree. The techs are falling away and some of the holdings here are in danger. I sold out all my remaining holding here this morning. I was amazed it held up early.
So I am one of those expecting a heavy fall over the next few weeks as the tech stocks take a pounding. Deepseek is bad news for those that have sunk billions into AI. Overpriced and over valued if as claimed a Chinese company can build a decent product for a pittance and give it away for nothing. Stocks in the Nas valued at hundreds of times earning suddenly look very vulnerable,,,, MFAI has gone from 0.55 to 1.40 based on techs. Looking very vulnerable to me. So I am out for now