Technology Stocks & Market Talk With Don Wolanchuk Message Board

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

SOXL 63.34

-1.1%

Feb 10 4:00 PM EST

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To: GROUND ZERO™ who wrote (6157)	12/19/2002 9:58:18 AM
From: Chip McVickar	Read Replies (1) of 208323

The "W" formation on the weekly charts is "a-not-so-good" pattern, as the second "V" is lower then the first. In order to get a good "W"... I'd like to see a plus 0.618% retrace of the move since Oct 10th. Your wiggle variations look weak.. smile Out of my longs from 820 and looking for a short entry.

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