Technology Stocks & Market Talk With Don Wolanchuk Message Board

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

SOXL 41.75

+8.2%

Dec 19 4:00 PM EST

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To: Chip McVickar who wrote (69922)	11/15/2011 12:12:48 PM
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its all b+hit ........ LOL couldnt agree more ... brinkmanchit gone wild. nevertheless, price moves and I trade it. I haven't seen minimim requirements since may to be bullish from a weekly standpoint. .... lower lows and lower highs.... price came up and hit the down TL ... and now price is contracting and coiling ... direction ? could be like the contracting from Feb to Mar this year but with more speed. if 1155 is the target, the overthrow has to hold 1120 or else we will see 1075 again real fast and probably 950 to 1000 cash... hence, I agree with the nightmare run to 1155 that Don characterized. 1320cash has to broken and held and tested before the bull can start proving it's on the move again.. after that I gotta see the same thing above 1370cash. how it does that, I don't know, but I certainly want that 100 times more than another crash to 1100 and/or below.

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