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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 36.17+0.9%4:00 PM EST

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To: da_cheif™ who wrote (111632)8/29/2017 3:54:44 PM
From: rogermci®3 Recommendations  Read Replies (1) of 207013
 
Yep Don, and we saw it all 35 years ago in August 1982 when the 17 year bull launched in the face of total disbelief. I still remember the first consolidation that started in the spring of 83 similar to the recent consolidation we've had here and I backed up the truck short then because I was a young know it all trader and was going to make a killing short like the crash callers today. Didn't quite work out that way but I learned one of the most valuable of market lessons. A bull market never ends in the face of widespread skepticism.

We're about to haul azz and one should get long domestic small caps. With one caveat: What the heck do we know. Wait make it two? It might not happen tomorrow. Ha!
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