Technology Stocks & Market Talk With Don Wolanchuk Message Board

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

SOXL 58.12

+4.9%

Jan 15 4:00 PM EST

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To: ajtj99 who wrote (22046)	1/10/2006 10:15:05 AM
From: HairBall	Read Replies (2) of 207832

ajtj: After reading that link provided on your iHub thread with respect to the M3 money supply, these current in play medium to longer-term rising wedge patterns in evidence on the charts of some of the major indices may have more in common with the NASDAQ Comp rising wedge in 1999 than previously thought. We shall see... Da boyz, would love to lure that money into the markets. No better way to do that than to ramp prices, "volume follows price movement". The market (as always) will get around to revealing how its going to deal with this fairly overbought condition...(less over bought today than into yesterday's close though...gg) LG

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