Technology Stocks & Market Talk With Don Wolanchuk Message Board

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

SOXL 38.85

-0.9%

Nov 14 4:00 PM EST

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To: Kirk © who wrote (5390)	11/13/2002 2:07:52 PM
From: GROUND ZERO™	Read Replies (2) of 206879

In this case, place the center of the spiral at the August high... then spin the spiral to fit so the next outer wall touches the current October lows... you'll notice the spiral wall curves up to today's low... this is why I bought this morning at 874.00... if we break this wall, then we'll see serious selling... but if we rally from here, then the spiral curve will not curve up and vertical for another 1000 DOW points... based on historic spiral patterns, I expect these markets to rally from here with resistance about 1000 points higher... GZ

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