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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 42.03-3.8%Dec 31 4:00 PM EST

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From: kapex4/12/2013 11:15:37 AM
  Read Replies (1) of 207540
 
Just an observation on gold here from an E-Wave perspective.
The entire correction from the high looks like an abc-x-abc with this being the final c.
I sm not sure where this final decline may stop at but it will surely engender the type of sentiment you want at that kind of low.
My guess is under 1490 a bit so as to prompt a thorough puking of positions.
But who knows.

Thoughts?
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