Technology Stocks & Market Talk With Don Wolanchuk Message Board

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

SOXL 42.02

-3.8%

4:00 PM EST

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To: da_cheif™ who wrote (29947)	3/6/2008 8:39:59 AM
From: robert b furman	Read Replies (1) of 207520

Hi Chief, That accomodates your 15% difference and den sum huh? Bob P.S. Over the years - I've often seen runaway price runs get wider price ranges. Observing also that runs go much farther than they should. Wit the above two observations in mind - note the price swings of crude the last 2 days. Me thinks its getty frothy up there in the 105 ish range.Espeacially with a FOURTEEN YEAR HIGH inventory of gas. HARD TO FIGURE WHY OIL COMPANIES WOULDN'T WANT TO LEAN OUT THEIR STORAGE OF FINISHED AND EXPENSIVE PRODUCT-UNLESS OF COURSE IF YOU ARE MAKING TOO MUCH OF IT. Wonder how many cards have to quietly come out before we get the collapse. Futures suck,but it looks to me like the SPX,NAZ,Russell and MID Cap are just rounding up off a bottom. Five up coming after we've reversed from the 4 wave down from last years september high? Bob

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