Used with permission.Volatility picks up
Posted: 21 Feb 2013 04:28 AM PST
The past few sessions have seen the speculative sentiment boil, possibly reaching a peak. Exemplifying this have been moves by junior Internets such as YY Inc. (YY), Trulia (TRLA), Angie's List (ANGI), and Zillow (Z). Seeing these more-speculative, tertiary titles - two of which are teenagers in price - break out all at once suggests something may have changed, sentiment-wise.
And while every bull market needs a certain amount of speculation, i.e. participants taking chances, too much of a good thing can kill a bull. . . . To continue reading, please click here