Technology Stocks & Market Talk With Don Wolanchuk Message Board

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

SOXL 47.24

+12.4%

Jan 2 4:00 PM EST

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To: da_cheif™ who wrote (41691)	8/8/2009 2:39:37 PM
From: t2	of 207606

Bears are now scared. Too me it looks like the top is in for a couple of months (maybe still a bull market looking out 1 year). We probably get a nasty correction soon...seasonally a good time for that to happen. On another note; it looks like the quant funds are probably doing the opposite of what they did before the meltdown. They used to be short financials/retail and long oil....i bet that has now flipped. That would explain what i am seeing lately. That makes oil stocks the best shorts and of course the financials the best long. That is a good market neutral strategy.

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