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

To: livelongandprosper who wrote (62214)	2/15/2011 6:37:43 PM
From: Turtles_win	Read Replies (1) \| Respond to of 207358

Thanks. I guess I have not seen anything about him for quite a while and I was not sure what his stance was or recent history. I'm not grabing or referencing a past email or link, Chief, but note that the DJIA had trouble holding above 12,250 today. Maybe it does not mean anything, but I know that was a level of interest for you. Be interesting to see what the II sentiment numbers are tomorrow. If it stays flat like it has been forever during the uptrending market, then more of the same. However, if it pops quite a bit (%bulls up by something semi-significant), then maybe the DJIA 12,250 area will off some resistance for a little while. I did notice that in January, the public started re-entering the markets for the first time during this bull. So, maybe a modest correction is needed to shake them off. Probably too many waiting and watching for a correction yet, though, for much of one to kick in. But this is subjective data.