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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 (114025)	1/25/2018 8:12:38 AM
From: Bull RidaH	Read Replies (3) \| Respond to of 207052

Big D... no digs... was just trying to give a few people a good laugh. Did anyone at least crack a smile? <g>. The content of the joke was lifted from this article.... inaccurate? texastechpulse.com Became steadfastly bullish once 2634 spx (the top of the 8 year rising channel) gave way in December, as the move to 3050 was a foregone conclusion once the channel breakout occurred. I do deeply regret attempting short trades based on certain smaller bearish patterns inside such a channel, as they do not work the same compared to when they form outside a channel. I did not spot the channel until it was too late, which is unacceptable. As for GE, the head & shoulders top that formed during most of 2016 should have resulted in a decline from 33 to ONLY 18.75, followed by a reversal to new highs. The failure to hold 18.75 suggests the stock price will not find footing for a new bull market before a washout much lower occurs, and much further (years) down the road. One stock that I'm putting a lot of investors in is BYD, a stock that broke out of a 5 year base between $9 & $13, and looks destined to see $100 in the next year based on technicals AND fundamentals.