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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 41.31+0.1%Dec 1 4:00 PM EST

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To: Chip McVickar who wrote (15494)5/13/2004 9:28:26 AM
From: bearshark  Read Replies (1) of 207111
 
Chip: FWIW. For the last week or so, I had a meaningful bottom projected for May 10 or 11. However, I am still quite rusty from my self-imposed inactivity. I still do not have a feel for this market. If you wish, you can see my May 10 post which, in my vague language, describes yesterday's action in the INDU. I was 2 days off on that one. Not too good.

(BTW. I still hold all my long positions acquired from the slaughters from 9/01 to 10/02. Nearly all are in big tech. In accordance with my plan, I still expect to dump all of these positions by September 2004. If I feel comfortable with myself and this market then, I will begin trading again in the latter part of this year.)
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