Technology Stocks & Market Talk With Don Wolanchuk Message Board

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

SOXL 61.79

-12.3%

Jan 30 4:00 PM EST

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To: robert b furman who wrote (2190)	4/9/2002 11:51:27 PM
From: Chip McVickar	Read Replies (1) of 208176

The CRB index is falling, the oil situation is easing, dollar has flattened and gold has started down. The bears see this as a big red flagg for a deflationary event just around the corner. Markets have held up very well under the world wide slow down and international pressures.... won't take much good news to set them going higher. With Enron backing out the door, Japan fading, Bush snapping his fingers at Israel and thin summer trading coming in these markets should turn higher in this month of April. Short of an all out Holy War developing or another Enron falling from heaven's gate... I'm looking a move higher.

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