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: SwampDogg who wrote (36991)	12/13/2008 1:02:00 PM
From: Turbodiesel	1 Recommendation Read Replies (1) of 207865

Because my trades usually last only 2-7 trading days. There's no doubt the markets are quite bullish right now. But, pullbacks will occur and I've be quite successful trading them. Eventually, I move retirement money back to the markets. But not until I feel we've reach the bottom. I believe that to be around DJIA 6000- 6500, NASDAQ 1085 (possibly quite lower), and SP500 600-650. I believe those numbers won't be hit til sometime in 2009. Time will tell..... as always.......

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