Technology Stocks & Market Talk With Don Wolanchuk Message Board

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

SOXL 49.24

+4.2%

Jan 5 4:00 PM EST

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To: Turtles_win who wrote (65855)	8/18/2011 3:14:22 PM
From: Turtles_win	Read Replies (1) of 207623

Z-M-L: My short term sentiment indicators did not work this time around. I was sucked right into the abysss. Intermediate term indicators said stay out. I better give up on this short term stuff. What is the max downside you see dead ahead? I really was looking for two weeks of nice upside. Now it is looking like big time downside, maybe 10,000 even on the DJIA? The R2K did hit 666 today though, so maybe that might offer some support. This will likely be the worst percentage loss of my market timing career, today. But, there is always tomorrow and that might be even worse.

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