Caution Blue Nile Shareholders (NASDAQ:NILE)

Stocks Fall - Bear Market

James Altucher gives his 2 cents on why investors should be cautious about Blue Nile, Inc.'s (NASDAQ:NILE) upcoming earnings call.  Blue Nile shares have increased 156% over the past 12 weeks and today trade in the $51 range.

theStockMasters.com: Tech Stocks to Short in 2009

theStockMasters.com

Tech stocks are in trouble this coming year, IT related spending is an easy cut to make, plus, its reasonable to assume, companies (and consumers) are going to be spending less on everything.

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