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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 53.95+8.7%Jan 9 4:00 PM EST

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To: da_cheif™ who wrote (35720)11/18/2008 9:33:24 PM
From: Runomo™  Read Replies (3) of 207752
 
not only do we have double breadth and volume divergences in the naz and the nyse mcos to go along with the internal surge off the 10/10 bottom, but the recent leg down has also allowed for summation positive divergences to also develop and sooner than later which is a good thing if you are a bull.....a rally from these levels will now have very solid internal support and could be all that is required to put in an IT bottom .....the bears may have squandered a big opportunity to drive the market into the abyss today and now its them not the bulls that are running out of time.....

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