Technology Stocks & Market Talk With Don Wolanchuk Message Board

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

SOXL 60.74

+4.6%

Jan 16 4:00 PM EST

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To: da_cheif™ who wrote (36974)	12/13/2008 9:27:42 AM
From: dvdw©	Read Replies (2) of 207847

Swenlin says; with internals now becoming overbought, time is running out. The problem, I suspect, is that the only buyers are nervous short sellers. Once the shorts have covered, new buyers needed to continue the rally fail to materialize because nobody wants to buy this market funny, market is now overbought...and yet he says nobody wants to buy. "with internals now becoming overbought,"...this comment tracks back to the soon to be infamous Maddow school of panzi scheme discriptors. three contradictions in one paragraph....in an otherwise useless surmise about his commitment to obfuscation.

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