Analysist Updates, page-48

I tend to agree with Hokusai. The reason NEA and similar tech stocks are booming is that many investors can see long term growth in stocks that are likely to ride the next wave of the great digital revolution.
Furthermore the recent NEA announcement has significantly derisked NEA to the point that larger investors (instos?) are now prepared to jump in and support the SP more. The trading since the announcement is now much stronger than before. Before the SP tended to kick on a good announcement and then gradually side back till the next announcement. Since the big kick up on the day of the announcement the SP has continued to rise on most days often with fallbacks in the morning presumably from profit takers and then recovery in the afternoon often after the bell with significant turnover. Have others noticed this?