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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 64.96+7.0%Jan 27 4:00 PM EST

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To: MoneyFriend_2.0 who wrote (51064)2/4/2010 7:17:39 PM
From: Kirk ©  Read Replies (2) of 208109
 
"good call, but keep in mind it was the worst day in forever and da dow just a hair lower than on 1/29"

The clx30 tailwind starts Feb 12 but 10 year bond (anudder ST Fear index of mine) fell to the same rate TODAY as the day the clx10 bottomed (Jan 29) so maybe this is it.

If the volume was lower today than on the 29th, this would actually count as a test of the low on lower volume which can be bullish too.

If not lower volume, then we might have to look at www next week for the 30 to turn up and the boyz to get folks like cramer and zentrader scared enough to actually turn bearish as they've been raging bulls since the top.
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