Goldman's Top Tech Trader Says "Count Me As Tactically Nervous", Asks If We Are "In A Mega Bubble"

Exactly one week after Goldman's top TMT/tech sector specialist,Peter Callahan, warned that he was getting a surge of inbounds with the common theme that "this is getting crazy…right?". the crazy has spilled over in the form of some selling of the top momentum names, and even though Calahan's trading desk collagues noted that the "And Many Of Our Clients Have Prepared For A Momentum Crash", Callahan admit that after last week's "wobble", he himself is also turning tactically "nervous."

He explains why in his Sunday note, which we have excerpted here:

Wobble