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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 61.76+16.0%Feb 6 4:00 PM EST

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From: Runomo™7/7/2008 8:36:18 PM
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bkx made a decade low taking out the fall 1998 low...it was the rotten apple today, all the good ones were in the ndx but still couldnt help the market.....bkx basically traded 7 years between 95 and 60 with a few over and under shoots and it took less than a year to slice through it all....weekly rsi 14 stands at 25.71 as of the monday close and even in the current decline these oversold weekly rsi levels has netted a sizable bounce...we'll c if it can pull itself together from these levels....
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