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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 55.38-1.2%Jan 14 4:00 PM EST
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To: zigzagman who wrote (38864)3/1/2009 7:12:08 PM
From: kapex  Read Replies (1) of 207806
 
One mans trash is another mans treasure.

Take a look at the indu chart he posted.
Where he only sees more negativity I see everyone of those indicators diverging, including the macd from it's minor low earlier in the week.
The rest of them are making higher lows while the indu is lower.
To me, that is what i want to see. Coupled, of course, with lots of bearish prognostications.

As for the financial landscape.....it's as negative as it could possibly be.

The market could most definitely shit the bed this week and plunge big time.

Then again....
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