Technology Stocks & Market Talk With Don Wolanchuk Message Board

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

SOXL 48.79

-1.7%

Dec 11 4:00 PM EST

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To: TheStag who wrote (76993)	10/24/2012 10:32:14 AM
From: Turtles_win	Read Replies (1) of 207309

Nice chart. Could be. Sentiment is weird now - professionals are too bullish and individuals are extremely bearish long term and they won't come back in long until we are at some type of intermediate term top. But, maybe the pros need to get cooled down some. But that is already happening. One thing I will say. The CBOE put/call (equity) ratio is only now starting to get up into the .80s and has not gotten into the .90s or better, over 1.00 yet, so you could end up being right.

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