Technology Stocks & Market Talk With Don Wolanchuk Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

SOXL 61.76

+16.0%

Feb 6 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Investor2 who wrote (39038)	3/6/2009 9:25:26 AM
From: bearshark	Read Replies (1) of 208297

"A run on money market funds ... not a pretty thought." I haven't looked at the futures yet so I don't know how we will open. However, for the first time in around 25 years, I've started to add funds to my stock account. Needless to say, the current market is technically oversold. It may sell off a bit more but it is oversold already. I've always believed that anything mortal must operate within boundaries. Dow, Elliot, and others describe how we reach those boundaries. Its amazing how much one can get out of a simple phrase: Three steps forward, Two steps back. Simplicity is a hell of a thing. 3+2=5 Somewhere in the near future, we are due for a 500 to 1,500 point move up in the INDU.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next