Technology Stocks & Market Talk With Don Wolanchuk Message Board

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

SOXL 46.83

+9.4%

Nov 5 4:00 PM EST

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To: da_cheif™ who wrote (29225)	1/21/2008 10:53:00 AM
From: chartliner	Read Replies (4) of 206750

Well it looks like your recent forcast has come to pass with the futures down so much on Monday. So we should be on the way to a rally pretty soon. Since you have not addressed the bull market being over, then I assume you think new highs are coming, I hope you are right but I can't see it. If you remember about March 2007 over on traders-talk.com I said the housing index looked like it was going to go down into summer 2009 and I still think that is correct and as we have seen the bad mortgages issue is having a deep impact on the whole financial system, its not over yet. Marty Armstrong's 8.6 cycle fired the warning shot last Feb. and now we see the result. You can't beat the business cycle.

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