Technology Stocks & Market Talk With Don Wolanchuk Message Board

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

SOXL 38.85

-0.9%

Nov 14 4:00 PM EST

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To: GROUND ZERO™ who wrote (83053)	6/24/2013 10:04:46 AM
From: Turtles_win	Read Replies (1) of 206875

I woke up one day and suddenly, I found I could predict the past! Wow. Looks like an intermediate term correction. So, my guess is in the Investor's Intelligence sentiment survey, this will be over when %bears > %bulls, which might be painful. Sad, Sad, Sad that there are so many that finally just got into the market after staying out after the big hit 4/5 years ago or so. Anyway, GREAT CALL! Should be a great buying op here before too, too long. CBOE equity put/call ratio will probably have to get up around 1.0 for a few days near the bottom.

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