Technology Stocks & Market Talk With Don Wolanchuk Message Board

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

SOXL 41.73

-3.0%

Nov 7 4:00 PM EST

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To: sandeep who wrote (4127)	8/14/2002 10:33:35 AM
From: Chip McVickar	Read Replies (1) of 206760

So far and IMHO the price action is perfect..... closed the gap and hold the lower trend line.... Setting up to reverse the outside down day. 875.00± is the SPX lower trend line The forward down fork [July high] is looking at 725.00 There are daily TP's for Thur, Fri and next Tuesday 20th... just about the time this triangle is completed. Hasn't been a cluster like this for sometime. Gives the boys something to look at... <smile>

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