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

To: Kirk © who wrote (79717)	2/7/2013 12:33:56 PM
From: CrashDavis	Read Replies (1) \| Respond to of 207458

Hey Kirk, Thanks for that chart. Been staring at it for a while. I like the decline in the 52 week red line from the momentum peak in Feb 2011. Reminds me a little of 1992-94 - declining sentiment as prices grind higher. Haven't thought this through, but perhaps a Democrat in the White House has a negative effect on sentiment. I know a number of people who lightened up on stocks in the days after the Nov election - exactly the wrong time. Sure wouldn't mind if we could get a repeat of the surge out of the late 1994 low!