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: dvdw© who wrote (36979)	12/13/2008 9:51:47 AM
From: Runomo™	Read Replies (1) of 207854

hes basically saying market is overbought mostly because of the short covering not "real" buying.... but overbought only works if the market is range bound or is to resume its downtrend.... being overbought as a result of a kick off move to the upside has not entered his thought process yet.....

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