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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 31.69+2.9%4:00 PM EST

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To: da_cheif™ who wrote (19851)5/1/2005 12:30:19 PM
From: robert b furman  Read Replies (2) of 206963
 
Hi Chief,

Know what you are saying about Friday Rallies - but don't you think da bears should be able to enjoy three days of pain for the price of one too?? GG

Bob

Light crude oil and heating oil look to be a huge rolling top to me.

Momentum looks very sick and inventory are getting HUGE.

Cannot bode well for all the forward looking contracts that have been sold(hedged out) at prices well above the delivery price.

That to me looks like a big huge pail of cold water that will put the chill on future prices.

BWDIK

Bob
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