Technology Stocks & Market Talk With Don Wolanchuk Message Board

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

SOXL 63.51

+9.6%

Jan 21 4:00 PM EST

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To: da_cheif™ who wrote (78960)	1/22/2013 4:28:25 PM
From: robert b furman	Read Replies (3) of 207994

I keep thinking back to 98-2000. Always thought of that as a 5 wave. It went so far above the BB's after a pretty vicious 4 wave in most of 98 - til October if I recall. Today's resilience shows the power of money flowing - any dip met with anxious buyers. That being said we are getting close to that upper K channel - if we get a dip I'm thinking there will be a lot of money waiting at the midpoint again. Let's hope around there the shorts get mouthy again as they reload eh? Bob

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