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: Moominoid who wrote (20894)	10/9/2005 12:14:41 PM
From: da_cheif™	Read Replies (1) of 207749

the old bull ended in 1997.....the new bull began for most stocks as measured by the weekly ad line in march 2000.....yes indeedee....so to keep most off the train they took down some narrowly based indexes back to the lows they made in 1998 which was still above the highs of 1997.....the weekly ad line topped in oct 1997 and bottomed after 3 distinct waves in march of 2000.......home builders..financials...oil and oil sevice stocks ....precious metals stocks all took off from their march 2000 lows and never looked back......

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