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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 (35720)11/18/2008 5:59:16 PM
From: happy_camper1 Recommendation  Respond to of 207832
 
Can't happen soon enough.



To: da_cheif™ who wrote (35720)11/18/2008 6:32:00 PM
From: SwampDogg3 Recommendations  Respond to of 207832
 
daily here just looks bullish
whole market looks similar but it looks like energy and PMs will lead
at worst IMO we get a 'c' wave off the early Oct low for 30%-40%
cup and handle...call it what you will

stockcharts.com

FWIW energy index higher than it was when oil was $20 bucks higher on 10/10...massive divergence
points to the buck going over a cliff IMO



To: da_cheif™ who wrote (35720)11/18/2008 9:33:24 PM
From: Runomo™  Read Replies (3) | Respond to of 207832
 
not only do we have double breadth and volume divergences in the naz and the nyse mcos to go along with the internal surge off the 10/10 bottom, but the recent leg down has also allowed for summation positive divergences to also develop and sooner than later which is a good thing if you are a bull.....a rally from these levels will now have very solid internal support and could be all that is required to put in an IT bottom .....the bears may have squandered a big opportunity to drive the market into the abyss today and now its them not the bulls that are running out of time.....