Technology Stocks & Market Talk With Don Wolanchuk Message Board

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

SOXL 61.79

-12.3%

Jan 30 4:00 PM EST

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To: da_cheif™ who wrote (6377)	12/28/2002 3:20:24 PM
From: Runomo™	Read Replies (1) of 208176

Mo ready as cud bee :) Cheify, from da October lows on the dow and da Naz, r u counting five waves completing in early Nov. or in early Dec., and wat's your next cycle low date?TIA Friday's poor close plus oversold ST indicators and trin argues for at least a ST bounce on Monday, but I have a hunch da boyz will not let us go bye bye so easy... If they launch it from here it will be a surprise and Mo loves nothing better than a surprise...:) The 50% retrace on the dow is around 8100 and it is around 1315 on da Naz...so a final hard and dramatic reversal from these 50% retrace levels, should it happen, may provide an excellent opportunity this week, BWDIK.... Mo

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