Technology Stocks & Market Talk With Don Wolanchuk Message Board

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

SOXL 53.91

+8.6%

Jan 9 4:00 PM EST

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To: bearshark who wrote (16790)	7/7/2004 9:39:40 AM
From: Chip McVickar	Read Replies (2) of 207748

70%..... that's a huge change... Only other 3 day +2.00 pattern was March 9-10-11, 2004 One day later there was a fourth 10 days latter this pattern produced a 530 point rise to the recent high of 10,570.... Arms considered above 1.75 and below .50 as "rare and reflect extremes in the emotionalism of investors." Also, "Values are restricted on the low side but unrestricted on the high side... lower numbers (bullish below 1.00) are produced very grudgingly...." stockcharts.com[w,a]dahannay[dd][pc34][J17330949,Y]&pref=G

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