Technology Stocks & Market Talk With Don Wolanchuk Message Board

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

SOXL 31.69

+2.9%

Nov 21 4:00 PM EST

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To: Runomo™ who wrote (40436)	5/9/2009 3:24:57 PM
From: Runomo™	Read Replies (1) of 206964

it will be interesting to see if the naz breadth mcsum can match or exceed the level it reached in 2003 at 893.4, thats another 280 points or so to go from where we stand today...note the naz mcsum's prolonged stay under its zero line close to two years straight just before it turned green last month, in other words most naz stocks are real thirsty after a very long period of drought and abuse...also look at the very rare DOUBLE divergence that has developed as the naz was bottoming in oct, nov, and finally march, its a thing of beauty if you are a technician.....

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