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: da_cheif™ who wrote (1454)	2/28/2002 12:29:17 PM
From: Chip McVickar	Read Replies (1) of 207728

So you know where I'm coming from....! Trying to reconcile your CLX studies to my own work. I've been hoping to understand how you swing trade the CLX and use it to project strength and weakness. Right now I see a strengthening CLX structure, and a strong price activity. But at the same time my own work show's that the SPX and DJIA is up against a set of pitchforks that they have been unable to get over..., furthermore the pshychological measures that I use show a significant change to investor sentiment and this is telling me the market should weaken, and drop back and retrace some gains. It appears my work is wrong....! Now you don't often mention swing selling the market off your CLX work ups or talking about weakening CLX structures..., so I'm kind of in the dark here working on this swing trade stuff. My hope is to put together your CLX and my work so they can be used and over all increase my abilities. So I suggest and hope you look at my posted short trades as paper trades being used to understand weither I'm right or wrong, and how well I understand the swing abilities of your brilliant CLX/CLXPP/AYDIS system, which I enjoy greatly. I remain convinced that these markets will go higher and remain bullish as a preferance. That Bullish inclination to the markets is there as long as people trust in the future of their investments. My Best, Chip

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