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


To: CharlieChina who wrote (26715)7/20/2007 8:43:21 AM
From: CharlieChina  Read Replies (6) | Respond to of 207338
 
That should be the last posting on Silicon Investor. I just felt it was necessary to provide some direction before, signing off for about 3-years. A market, like what we are about to experience, does not come around often. So it is time to concentrate on trading.

Take care,... and best of luck to you all,...

Next posting will be after August 1, 2010,...

Bye



To: CharlieChina who wrote (26715)7/26/2007 9:12:02 AM
From: Handshake™  Read Replies (1) | Respond to of 207338
 
Now I know why I hated to see him so bullish, he hasn't quite learned to snort like Don, discretely but ever so ACCURATELY.

Fri, Jul 20/07 @ 8:30am
Today's closing marks the end of another chapter in the volatile nature of monthly option expiration days.
Support and resistance lines in chart 1 have been updated to reflect the current mood of the market. Support: 13,823 and Resistance: 14,021. The Architects/Operators should launch the climb of a major 3-year parabolic ascent to the pinnacle peak of Dow 20,000 to 25,000 starting next week; as in all elements in life, we begin with another 300 to 400 points rise commencing on Monday, Tuesday or Wednesday of next week. This 300 to 400 point progression should take about 4 to 6 weeks or less. We will be updating the Zenit website, NYMT Fund, at the close of today. Have a wonderful weekend.