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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 47.79-0.4%Dec 9 4:00 PM EST
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To: dospesos who wrote (9092)5/20/2003 7:59:25 AM
From: robert b furman  Read Replies (1) of 207287
 
Hi Tom,

Thanks for your thoughts - with #'s target.

I'm thinking two possible set backs - one minor (highest probability) one more protracted, which would take the 50 day ma down to test the rising 200 day ma.I'm thinking we'll have more of a rise before the latter set back occurs.

We'll need to sucker more bulls in before we get that last setback.

Don't know Mike Donohoe by name.I've run so many races in this town - I bet I'd recognize him.One of those long term road tramps within the community.ggg

Thanks for the post.

Bob
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