Technology Stocks & Market Talk With Don Wolanchuk Message Board

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

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To: robert b furman who wrote (35731)	11/19/2008 10:25:51 AM
From: bearshark	Read Replies (1) of 207706

Bob: A double bottom--using closing prices on the INDU--formed. I was waiting for one a bit more spread out but one formed. For a new bull market signal, I would want to see a move above the peak between the 2 bottoms--about 9600 or so. You can see the explanation at the bottom of this post. Message 25119696 I put my last "bottom fishing money" in the market last week during our little 900 point day. If we move through the 9600 mark, I will add more funds. Until then, I am on vacation. Of course, with a few more mistakes in Washington, we could revisit a great depression.

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