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Strategies & Market Trends : Sharck Soup

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To: Zack P who wrote (33127)8/16/2001 9:16:02 PM
From: Sharck  Read Replies (2) of 37746
 
Just some random thoughts. It has become clear that even the most optimistic bull on this board, must now accept the fact that the techs have been in a bear mkt for some time. Characteristics of bear mkts are sidewides movements with the occassional rallys met with heavy selling. Nothing has yet changed that I am aware of. I will continue to trade accordingly until which time it no longer works.
2Daz aktsun was cover shorts midday as the squeeze on relatively light bottom turned into an end of day rally. HWP and Dells numbers were descent enuf to suggest a potential higher open, I will be ready to close out my overnight longs, and look for more potential short set ups in the days to come.
Join me by sending an e-mail to netrader@mindspring.com
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