Technology Stocks & Market Talk With Don Wolanchuk Message Board

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

SOXL 36.17

+0.9%

Nov 25 4:00 PM EST

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To: GROUND ZERO™ who wrote (7548)	2/27/2003 7:38:22 PM
From: ajtj99	Read Replies (1) of 207032

Actually, I believe they're being held up partially due to the average price of the March Dow futures, which were 8200 from the last information I read. They're 300 points underwater now. If they are underwater going into March, something's going to have to happen to make those folks whole. My WAG is they take it down to 7497 by March 13 or so then ramp back up to maybe 7850 by March 21st, gaining possibly 400-points downside and 350-points upside to offset the loss of 400-points on the fut's.

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