Technology Stocks & Market Talk With Don Wolanchuk Message Board

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

SOXL 41.26

+5.3%

Nov 28 4:00 PM EST

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To: CharlieChina who wrote (15125)	4/29/2004 12:38:02 PM
From: t2	Read Replies (1) of 207094

On the assumption, that we have no eventful terror acts or if we have terror act that produces less than 250 dead bodies. I am now doubting the market is fine scenario. There just seems to be no bounce in this market. Bad news is bad news; good news is bad news.....for the markets. Market seems to be still in the early phases of a decline--not much damage has been done so far. Sure hope we are not going back to the "sell in May and go away" pattern (since I am still long at this point..but my patience is running out on this market). fwiw--I noticed that Zeev has become bullish---that is allowing me to stay a bit more patient with my longs but might bail out if there is no bounce in the early afternoon.

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