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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 61.19-6.2%Feb 3 4:00 PM EST

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To: da_cheif™ who wrote (34124)10/15/2008 10:08:37 AM
From: steephen1 Recommendation  Read Replies (2) of 208218
 
Well if the primary trend is down .... why is everyone talking long? Shouldn't we all be looking for shorts instead of looking for a potentially smelly bottom? I understand playing an oversold bounce, but didn't we just do that. And if we did reach a bottom Friday, this market is so weak I suspect we're looking for one of the more significant fib retraces.
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