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Strategies & Market Trends : Sharck Soup
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To: besttrader who wrote (14788)4/4/2001 8:44:10 PM
From: Tom Hua  Read Replies (1) of 37746
 
knight, I agree the news is not very bullish if the Naz is at 3000, but it's very bullish when the Naz is at 1640, having lost 330 pts in a week after slew of warnings. What a refreshing change this market badly needs. At the current oversold conditions, it doesn't take much to lift all boats. Wouldn't surprise me to see the Naz regain 150 pts tomorrow and Friday.

Regards,

Tom
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