Technology Stocks & Market Talk With Don Wolanchuk Message Board

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

SOXL 40.49

-1.7%

Dec 16 4:00 PM EST

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To: loaf of bread who wrote (93306)	9/30/2014 8:12:34 PM
From: Turtles_win	1 Recommendation Read Replies (1) of 207323

I'm predicting I'll die before I am 120 years old. And the market will go down sometime. Maybe it will go down 10% after it goes up 40%. But, it will go down. Sometime, somewhat. Anyway, Russell 2000 did go under 1100 today. Sharp drop at the close. If you can time this thing, that's where you'll make a ton of money, in the R2K. I'm seeing calls for a bottom in the R2K at maybe 1080. 1000 would be awesome for a bottom. I'd be buying with whatever I had available if it does dip to 1000. But I might buy some at 1080. Cboe equity put/call has been above .70 for 4 days or so now, approx. That's pretty darned good within a bull market. Fear is still there. AAII and II surveys will probably show a nice drop in bullishness. Thursday morning. November and December probably good up months. Sept was a bad month for the R2K. October will probably be pretty good, but likely the early part might be bad. Avoid the hit at the start of the month in the R2K and you'll be golden. Gold, silver stocks will likely be a huge winner in 2015, and probably 4Q 2014.

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