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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 (65739)	8/13/2011 10:57:07 AM
From: Runomo™	1 Recommendation Read Replies (1) \| Respond to of 206968

hi bro....i think you are right the game of keeping the equity investor out of this market has gotten a little too long in the tooth, I am surprised to hear THE Donald trump confessing to buying the heck out of this market this week and intc was among his buys. he said he is not a stock guy but couldn't resist the value out there in the market today....you think some trusted financial adviser didn't give him a call and tell him this market is on fire sale? only elliotticians and head and shoulder and set in your ways cycle guyz can dream of much lower prices from here. snpee came to their emotional rescue last week but corporate america's balance sheet certainly can't justify additional discounting here, this market is sooo cheap and will look even cheaper in time....we have decent weekly hammers and doji candlesticks on most indexes, three and four daily buy wiggle action and even with the big tuesday and thursday reversals we remain deeply oversold, how about that!....shanghai is sporting a classic three day buy wiggle, footse has a four day buy wiggle confirmed. only question in my mind is after we unwind some of these excesses this month will the boyz find another alibi to test recent lows like they did in 1998 or do we go straight up and never look back. i'm a fan of the letter veee.....