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


To: robert b furman who wrote (34921)11/1/2008 2:09:03 PM
From: Runomoâ„¢  Read Replies (2) | Respond to of 207328
 
well bro, i dont think we got a weekly bullish engulfing candle on the naz proper, for that we needed to close above 1736 but dontchu wirry too much as we got that on the ndx as well as a few other foreign markets such as the cac and the dax...the ndx in particular has been giving us a few good technical clues like filling the 10/6 gap before moving on to make a secondary low...you know the book always says a test or a retest or whatever but crashes are famous for making v bottoms, so there is a chance that everyone continues to wait for the retest that never happens....all i know is the mother of all bool markets is just around the corner and whether we come down for a retest sometime down the road or not, i aint gonna miss it...sjnort