Technology Stocks & Market Talk With Don Wolanchuk Message Board

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

SOXL 41.81

-7.0%

Nov 11 4:00 PM EST

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To: Rich1 who wrote (8592)	5/3/2003 4:01:16 PM
From: Jorj X Mckie	Read Replies (2) of 206809

I wouldn't have said anything had kirk not made his remarks which were clearly meant as an insult. Sure he didn't know he was dissing me, but that doesn't really matter. Velo didn't say it was the right play and he didn't say that we had seen the top. What he said was that the ADX indicator was saying that it wasn't a trend. This indicator doesn't say that the market won't go up or down, just that it is not a trending market. If you look at the charts, it is obvious that most of the action in the past 6 weeks was trendless with a couple of days of real movement. He was saying one thing, you were hearing another. As far as the two dow contracts, I don't know what velo did or didn't do, but I bet that if you think back a little, you can come up with a couple of people who you respect on this thread who have stated that they have a core position which is moving against them and they trade around it with other positions. I don't know if velo did this or not, but I wouldn't be surprised if he did. I have never made any comments about da_cheif. I don't care if he thinks the dow is going to 100000. I have seen a few people on this thread insist that the bears are dumbazzes for the past two years. Why do you think that the people on this thread care what the bears think and feel the need to snipe at them all the time? Maybe when you have that answer you will have the answer to your question.

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