Sharck Soup Message Board

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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject	3/6/2001 4:06:58 PM
From: besttrader	Read Replies (1) of 37746

Velo...here is the story...I got carried away with the crash that was supposed to happen, and I saw nothing but down down down, and when everything was down, I just didn't see the upward catalyst, and didn't realize the market was indeed capable of make a bunch of large hammer reversals. Those tails on those candles were long! Wayne Angel I thought was the cause, but now I wonder if the market would have recovered on it's own anyway. I think sometimes I rely too much on fundamentals and what is happening (or not going to happen in angels case). Bad news bounces are illogical to my logical mind, and I have to get used to illogical actions in this market. :) I also have trouble visualizing large upside movements coming in such a crummy environment. I am new at shorting and am learning how best to psycologically adjust to it. :) Thank you for all your help. :)

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