Technology Stocks & Market Talk With Don Wolanchuk Message Board

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

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From: Z-M-L	8/4/2011 2:52:55 PM
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"Selling begets Selling, Buying begets Buying". Da_Chief Boyz are in a big hurry to shake loose a lot of inventory. The bears (and even some bulls) will all be talking about the Bull Market being OVER because the SPX fell below 1220 cash, which was the Apex of Primary -1 (P1). As far as I am concerned, this move below 1220 clears up what I had discusses earlier. Was the decline from 1371 a P4 or a Wave-2 of P3? I think this decline is Wave-2 of P3, and a monster 3 of P3 rally is dead ahead. Z-M-L

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