Sharck Soup Message Board

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Strategies & Market Trends : Sharck Soup

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To: Sharck who wrote (8582)	1/30/2001 1:18:53 PM
From: herry iball	of 37746

LGTO: churn churn churn...looks like short term resistance is around 19, don't think it'll go anywhere without the nazdaq though.....buying comes in as soon as the naz shows strength. Parabolic SAR approaching pivot point here, I will be out as soon as that SAR hits a reversal on the 5 minute (money flow is still very strongly positive). The bastiches took my initial holding out on a sell stop...the only sell that was that low anywhere within 15 minutes in either direction....@$%#@#! I re-enetered at 18 3/8 with a MENTAL stop this time. Therein lies the problem with stops...the MMs will come in and take it out just cause they feel like it.

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