That’s the million dollar question as we near the facebook iPO. Are you a buyer or seller or social media? Vote here in my new poll.
Here’s a look at the social media index chart provided by The Fly inside The PPT:
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One could make a case for a head and shoulders pattern when looking on a shorter timeframe. But, on strength, we could may see a breakout in many names. It will be interesting to see how this plays out in the coming weeks.
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Been chipping away at GSVC and SVVC
Like that SVVC