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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 63.51+9.6%4:00 PM EST

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To: rdkflorida2 who wrote (167324)2/4/2022 4:53:08 PM
From: POKERSAM  Read Replies (2) of 207992
 
No, I am not calling for a "crash". Just a 50%+ correction from the high of 4818. My target is actually 2200. It should be orderly and will provide opportunities to play both long and short. For sheer size this will be a once in a lifetime correction. A bearish mindset will be needed to take full advantage of it.
Being a perma bull will make life pretty difficult. LOL If history repeats itself, they will call a bottom at every bounce all the way down.
This correction will be followed by a bull market that will seem beyond belief.
If you would like to follow along, you can join us in the Trading Pit. indexinsight.com
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