Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 47.79

-0.4%

Dec 9 4:00 PM EST

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To: da_cheif™ who wrote (118079)	6/2/2018 12:56:45 AM
From: Robohogs	Read Replies (2) of 207287

I had tactical ST shorts on (with longs). Got obliterated. Yeah ST trading is hard. Investment accts feel too giddy. But Fear Greed stuck despite move. And bios per data on stocks above MAs just not getting overheated or oversold. When doing so over a month while rising a bunch, they explode up. BUT when doing it over 2 months, they correct then explode. They have done both this time except no big up move at 2 month level. Conclusion? Conditions are ripe to extend but it is not necessary.

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