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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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From: Tomato	2/5/2008 5:39:26 PM
	of 207728

I was in the checkout lane at Monterey Market, a produce store in Berkeley, when the checker started talking about the market, and I don't mean the produce market. He said how obvious it was that it was going down...big crash on Thursday....how it was all mathematics...Rule of 1.2 or something .....how it would go up after that until March 23, I think, then go down again. What was really funny was how the other people in line looked like they were in the old EF Hutton ad, all listening in as he railed on... He drew lines on one of the grocery bags showing where the bottom was and the new top...yada yada yada. Of course, a couple weeks ago he said there was going to be a crash a week ago Friday which then changed to a week ago Monday... I asked him if he traded a lot and he said he did. I must admit that did see him driving a new Mercedes a few weeks ago... maybe it's from an inheritance?

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