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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: da_cheif™ who wrote (20846)	10/5/2005 5:01:19 PM
From: Runomo™	Read Replies (1) \| Respond to of 207451

i have all da weird wolly days circled in red ink on my calendar, but today sure felt and acted like one...only one dow stock advanced and one out of ten spx oex and naz 100....not to mention trin 2.17 Mo

To: da_cheif™ who wrote (20846)	10/5/2005 5:28:52 PM
From: robert b furman	Respond to of 207451

Hi Chief, So we have an anemic pop dip to 1180 and flatline til Earnings come out and that is going back to the support areas we had back on July 7th. Sounds to me like we should watch the SOX and buy semis on the dip (if SOX gives us a good relative strength vs the SPOO). It is a whole week till next wednesday - that can be a long scary time as the boys set up their larceny. Russell was a dropped rock today,Mid Cap 400 has a better RS. This bull has a life I think its time to drop the housing stocks and hopefully we'll see some weakness in the oil complex as well. All good bulls have rotation - let's hope we see that. Bob

To: da_cheif™ who wrote (20846)	10/5/2005 7:54:31 PM
From: catflu2™	Read Replies (1) \| Respond to of 207451

probly a bounce tomorrow.

To: da_cheif™ who wrote (20846)	10/5/2005 10:14:43 PM
From: Moominoid	Respond to of 207451

IMHO we are now correcting the run-up from 2002 to 2005.... In the bullish interpretation this is wave 2 of the new bull and started at the beginning of 2005 with us now in the C wave of 2 in the US markets (SPX and NDX) since August 3. Bearish counts vary... from B of B starting at beginning of 2005 to a big C down starting August 3 with 2002-5 being a big B wave. In Europe and Aus there are a clear 5 waves up from the 2002 bottom, supporting the bullish view and meaning wave 2 is just getting started (Aus down 160 points in last two days). In Asia not clear, but looks more bullish. hmmm looks like the weight of evidence is settling towards the bullish long-term view which you have been espousing :) We will see.