Conversations with Jaguars – September 17 ($QQQ, $PGTI, $BCH, $RBA)

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The second wave is underway of froth leaving the tech sector after speculative mania in July/Aug. Yesterday in chatroom we discussed several large cap tech stocks were looking vulnerable for breakdowns from bear flags. This morning Nasdaq futures are down -250 points at session low. This is setting up to be ugly day. Dow futures down -330 and S&P futures down -53. Preview of $PGTI with fabulous looking chart and home page article to be published later today. Update on $BCH short with macro conditions in Chile. $RBA continues to steady accumulation in out of money leap March calls, waiting for better technical picture to enter.