Friday, October 17, 2014

Alibaba (BABA): The Market Top In Technology?

If you bought it on the offering, you made a lot of money. Otherwise, you lost a lot of money. So, I did not buy it, I am not important enough to get shares at the offering, so I did not buy it. It may be a sign of the top in technology. The technology market in the U.S. has been suffering since.

Related trading instruments: Nasdaq 100 Index, Alibaba (BABA)

Jim Rogers is a bestselling author, financial commentator and successful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).