Sharck Soup Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Sharck Soup

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: American Spirit who wrote (17679)	4/21/2001 1:18:24 AM
From: cthd	Read Replies (2) of 37746

"Calm down. Bears won nothing today." I think the bears are playing the market perfectly right now. Nothing would have been accomplished if the bears tried to take the market down on Friday. Think about it.... What better way to set up the market for a big fall then to do nothing on Friday (hook the more optimistic bulls in) then proceed to take the market UP (yes, UP... and sucking in more bulls) at the open on Monday to around 2200 Naz by going long... then sell off and go short with a vengence aiming to break the 2100 level. By then, longs will realize what is happening and begin selling helping the shorts push the Naz through the 2000 level. Yes, all this is very hypothetical, but that would be the most efficient way Bears can take the market down by creating enough room for momentum to build up. CTHD

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next