Technology Stocks & Market Talk With Don Wolanchuk Message Board

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

SOXL 53.91

+8.6%

Jan 9 4:00 PM EST

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To: Runomo™ who wrote (38610)	2/23/2009 12:48:36 PM
From: kapex	Read Replies (3) of 207748

That is exactly right. It's a feel thing. The only guys moving these markets are traders. It's hard to see the opportunity when it is right in front of you. That's what tells you to pound your fist on the table and buy. All that will be needed at this point is something that can be construed as constructive as opposed to more of the same. Then the subsequent rally will be dismissed as a market that was begging for a rally and that's all it is. I love this kind of environment. It reminds me of the gold bottom in 99 and the 87 top in stocks. I went in huge on the long side at Fridays close. Trillions on the sidelines.....trillions in newly created liquidity and a sold out public.

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