Technology Stocks & Market Talk With Don Wolanchuk Message Board

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

SOXL 43.67

-0.3%

Dec 30 4:00 PM EST

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To: robert b furman who wrote (19560)	4/7/2005 2:30:09 PM
From: t2	Read Replies (1) of 207509

I guess the bears were able to push Nasdaq down yesterday afternoon. Dell update was a big concern yesterday, imho. It now looks to be getting increasingly more difficult push Naz lower. I think they might be out of ammo right now. Saw something on stock buybacks on CNBC--stated that tech stocks were really active in that area last year. So what happens when the insider selling window is closed (like now) and the buybacks continue. I say it becomes something like what is happening with MSFT stock last 2 days...and it might be contagious.<g> (of course there are the other factors--sentiment AAII, Rydex, Short Interest that will also help)

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