"Markets go up and down, the "trend" can push valuations too far in one direction or the other and, when they do, sharp corrections ensue," TS Lombard managing director Steven Blitz said of Friday's swift downdraft in the tech space. "Tech is just another of many sectors, albeit a high profile one because of the names in the sector, subject to the fear and greed of market participants. In other words, Friday's downswing is probably nothing more meaningful than a re-balancing of market sentiment."
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