Technology Stocks & Market Talk With Don Wolanchuk Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

SOXL 34.35

-6.8%

Nov 18 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: da_cheif™ who wrote (4672)	9/30/2002 11:25:41 PM
From: Chip McVickar	Read Replies (1) of 206894

The monthly DOW chart has a massive Head&Shoulders pattern that all the tech heads are googgle eyed ayboy=ut... (these patterns are more of a nuisance then useful...imo... almost useless) Sept drop has knocked the lights out of lot of "bulls bulbs".... and many are scared The cycle from Greenspans surprise rate cut of '98 has come full cycle... We're now looking at 1998 lows again and testing resolve. Wouldn't surprise me to see the trade take these markets higher for a spell.... trying to break the back of the H&S technical pattern. "TRY" is the key word.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next