Technology Stocks & Market Talk With Don Wolanchuk Message Board

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

SOXL 36.85

-5.2%

4:00 PM EST

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To: Chip McVickar who wrote (718)	2/7/2002 1:51:47 AM
From: Moominoid	Read Replies (1) of 206884

Yup McClellan Summation doesn't look good by traditional measures. But the cycle low, my e-wave count, my autoregessive model, and my new forecasting model (7 Feb = +3.8%) all say this is the bottom for the moment. Nikkei is up which is a good sign of a circuit breaking move. SPI futures discount to physical here reduced to one point. I still don't have a good idea what the CLX is saying... you guys don't seem to want to make clear predictions to outsiders.... David

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