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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 55.38-1.2%Jan 14 4:00 PM EST

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To: da_cheif™ who wrote (4731)10/4/2002 7:00:07 PM
From: robert b furman  Read Replies (1) of 207820
 
HI Chief,

Nice move on the 795 (within a point-pretty cool).

Is there a fib that says 7400 is like 795.??

GZ thinks the end of October,In 1998 the time period of October 8-18 was the bottom - (depending on which sector a stock was in).

It seems earnings announcements started it all off back in 98.

S Rock's call on 10/6 or 7 (my bet is the 6th won't be it cuz it's a sunday) may well be the right on call.

Also I like its .618 of the time span from the ATH to the 9/21 low being added to 9/21 = 10/7/02 - reminds me very much of the 98 bottom which generally was called on 10/08 98.

Trin trading over 4 and up volume exceeded down volume at 10 -1 ratio at times today.

The stars are aligning for the first of October vs the end.

I hope - gulp.

Bob
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