Technology Stocks & Market Talk With Don Wolanchuk Message Board

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

SOXL 41.31

+0.1%

Dec 1 4:00 PM EST

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To: robert b furman who wrote (2101)	4/2/2002 1:28:32 PM
From: Chip McVickar	Read Replies (1) of 207126

>>Any TP coming in here.<< SPX has a TP at 2:45est off the 15min charts That's the last... So the dominant TP was at 11:40-45 and remains strong until that 1140.00 price is taken out. However the forward 15min up-forks lower tine was broken at 1138 and the next forward fork is pointing down and looking below the 3/26 bottom of 1131....or 1123± The DJIA RSI-5 has two bullish divergences back to back off the 60min chart and Don's 12RSI with 6period sma are positive with readings below 50 and coming off the 20 and 30's This suggests the 2:40-45 TP is "prime beef"....! I'll wait till then to take any longs.

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