an tSionna {01.21.12}-Technology

In a post on Thursday, the folks over at Bespoke Investment Group noted that "the S&P 500 Technology sector has gotten off to a great start to 2012. While it has gotten a bit overbought in the short term, the sector is closing in on a key resistance level that bulls would love to see broken. This resistance level is the sector's pre-financial crisis closing high of 441.36, which is just 1.59% away from where the sector is currently trading."

*Long various technology ETFs in client accounts.

Link:  Bespoke & Technology.