Technology Stocks & Market Talk With Don Wolanchuk Message Board

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

SOXL 39.19

+8.3%

Nov 26 4:00 PM EST

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To: bearbyebye who wrote (43436)	9/1/2009 4:23:50 PM
From: Real Man	Read Replies (1) of 207049

No, and that is bullish. The market never does what most investors believe it will do. This is likely animal spirits, a short term drop today only to soar to new highs. The correction, if any, will come in October or when nobody expects it. Who knew about October 2008 crash in advance or could predict it? Note that the market only advanced marginally since May, and it rallied from March through May mostly light, err, without the crowd. The crowd might just jump in on this dip We closed at support. Let's see if it holds.

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