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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 41.71-14.5%Dec 12 4:00 PM EST

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To: GROUND ZERO™ who wrote (969)2/14/2002 8:47:17 AM
From: robert b furman  Read Replies (1) of 207311
 
Hi Gz,

Me tinks it depends on Intc.Its been sleeping with selling pressure for 5 of 6 days.It was the leader from 09/11/01.

Intc drives the NAZ,SOX,and DOW.It must breakout for all to break out. If the institutions are loading up for this moon shot to be for real Intc must be part of the tag team.

I'm thinking it's time today:http://www.siliconinvestor.com/research/chart.gsp?i3=4&i2=3&i1=6&i0=8&smaema=1&bbpct=2&period=120&lr=25&compare=&obv=5&chart1=ma&ma2=20&ma1=5&dmi=10&rsi=14&macd2=26&macd1=12&rbv=1&cci=60&sk=12&bbprd=10&wpr=0&chart=candle&s=INTC&sd=5&mt=22&lotemp=&scale=linear&macds=9&time=day

Stochastics building with support - higher lows.
Momentum just turned - last time it worked(double bottom)
DMI right at a daily cross over -shows better uptick on next chart

marketscreen.com

Notice how the ADX ticked up a tiny bit yesterday - I think selling is over and it is time to go long.- GULP

TO DA MOON -BUCKLE UP - PREPARE FOR G FORCE BOOST!!

Light your afterburners - it's time for stage II!!
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