Timing the Market

Since the start of this rally last week, some very good opportunities came along on the tech stocks, with the S&P and NASDAQ reaching new highs this year.

Since we are looking for the mid and long term performance, buying now could not be the answer. There are some interesting charts out there and for now we should look into technical factors to find a good entry point.
Using the Merrill Lynch Nanotech Index we get a better view of the nanotech industry and not of the general performance of the markets.

While I might wait for the end of August to start buying some mid term stocks there are some interesting stuff right now altough we might be in some short term top right now.

I will leave the NNZ chart here and later this weekend a more detailed analysis of some interesting nanotech companies and charts.