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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 53.25+0.1%Feb 5 4:00 PM EST

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From: zentrader9/5/2009 10:19:31 PM
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Guaranteed upside explosion based on this post from IYB.

traders-talk.com

I have noticed when he feels cocky enough to wink at the end of his posts that he is a fade 100% of the time. Same goes for when he gives us a Mahalo. Unfortunately no Mahalo this time. If had gotten both a wink AND a Mahalo it would be a hock the house long trade here LOL!

Not only that but he can't even read his own chart. The "sell" level he points out of OEX p/c is a level that we traded below for about 80% of 2006 and 2007 on his own chart while the market went up another 30%. And of course he was wrongly bearish then as well. He must have a really short memory. Either that or he thinks taking a 30% drawdown on shorts is a good trade. What a Moronathon over there at Traders Flock.
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