Technology Stocks & Market Talk With Don Wolanchuk Message Board

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

SOXL 70.09

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4:00 PM EST

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To: SGJ who wrote (36985)	12/13/2008 12:48:04 PM
From: Turbodiesel	Read Replies (1) of 208131

well, I see a lot of gaps in the daily chart, and the price of gold is in extreme overbought territory. Now, in my experience, it can stay extreme overbought up to 4 days in a row, before turning down. The longer it stays up, the better entry point I can get. I'd love to see gold go up 20 or more points on Monday. That would make a great place to enter GLL. 748.10 gold is on it's way, imo. Once that gap fills, then gold can resume it's uptrend. jmho, td

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