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: Moominoid who wrote (695)	2/6/2002 12:29:55 PM
From: moorso	Read Replies (2) of 208186

Last night, semiconductor clx and pp were way, way, way down, almost as deep as Sept 21. Aydis as I recall was heading down but at about zero. Doesnt have to be to the bottom extreme. Downward price action today on heavy volume would take it down hard. NDX also showed very low clx and pp 3dmas. Aydis similar. Everything looking like coming into alignment for a big push up, but we could also be in for a surprise. In my limited training, I have found that wot seems completely sure to happen, often does not. IOW, looks low, could go lower. :) mOOrso

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