I am moderately short of these two via credit call spreads. Earnings are coming out and SBUX will post a loss, that admittedly everybody expects (likely, 47 cents a share.) - closing 400 stores and readjusting to drive through only. It will be a while before they are back to their old self. Drive through is not the same as using the Starbucks experience I am used to. (I like their products but they are overpriced. With tight money coming for years, people will not spend $5 for a cup of java!) ESTY is another technology company with a P/E 167 - trying to be an online marketplace for crafts and artwork but they are not using the Amazon model and their artist are sick and tired of the high fees and cost of shipping. Today the market(dow) was up 400 points and ETSY was down! That was signal for me to be short. Well, time will tell. Earning is reported at the end of July for both!