What about Technology?

The crowded trade has been thinning out the last couple weeks. AAPL, AMZN, GOOG, RIMM, and others have faded on the bid side lately. I would wait a little bit longer here before initiating positions. I would not short. Many are at or near short-term support. Most speculators are playing financials the next 10 days before the shift back to technology. Wait and watch for now...we may be getting close.