Technology Stocks & Market Talk With Don Wolanchuk Message Board

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

SOXL 60.75

+4.6%

Jan 16 4:00 PM EST

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To: Chip McVickar who wrote (13532)	2/20/2004 1:49:31 PM
From: Runomo™	Read Replies (2) of 207956

"Breaking the lower tine of the red fork will get my attention....!" Hi Chip, From your chart, the SPX "broke" the lower tine of the red fork last November briefly before it took off and then tested it a few times in December as well....would you say that a good shakeout requires such action in da forks and is this usually a sign of strength or weakness to that pattern.... Do you have another turning hourly time for today?...if we do reverse today a potential classic weekly buy wiggle on da Naz could be in the making, but if we don't, other variations may work next week...and that seven day SPX buy wiggle from last month remains intact so far...we'll c, Mo

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