Technology Stocks & Market Talk With Don Wolanchuk Message Board

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

SOXL 42.80

-11.9%

4:00 PM EST

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To: da_cheif™ who wrote (69766)	11/10/2011 7:42:57 PM
From: Runomo™	3 Recommendations Read Replies (2) of 206730

SUSTAINED FEAR??? NYA chart since the start of the bull market with pc ratio's 5 day ema below...what's striking about this chart is the sustained stay above par during this year's correction, currently running four months straight and counting...... not only is this action in stark contrast to the early years of the bull market where par was a point of strong resistance but also the sustained time spent above par is an all time record as far as my stockcharts.com data go fwiw

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