It's not a day in the markets these days without a 400-point swing up and down, or maybe down then up, or maybe all of the above. We asked TechTicker contributor and noted author and investor Andy Kessler what he thought of tech stocks and the markets in general now. Always colorful, he said tech companies were going to "barf" their fourth quarter earnings. But once the market gets past that, good news: There's still no leveraged balance sheets in tech.

More bullish than some, Kessler thinks tech could recover in 2009 if you pick stocks wisely.

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