Technology Stocks & Market Talk With Don Wolanchuk Message Board

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

SOXL 53.91

+8.6%

Jan 9 4:00 PM EST

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To: Chip McVickar who wrote (1399)	2/27/2002 3:06:15 PM
From: GROUND ZERO™	Read Replies (3) of 207731

Going back to the high made on or about 1/10/00, you can see a clear trend line right to today's high on the weekly chart... there are 20 to 24 week trading cycles clearly visible... only one of the tops are cut off in a momentum high... this is why I was so aggressive in my attempts to get short... charts.barchart.com If we break the 1074 level of last week's lows, then we could see 850-900 in the cash my mid summer... by then, all hope will be lost and then we can have that mother of all bull rallies into year's end, and beyond..... Just my guess..... Hey, and a neat grub too, what a nice day!!!!! GZ

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