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Strategies & Market Trends : Sharck Soup
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To: Sharck who wrote (12356)3/20/2001 11:11:48 AM
From: Paul A   of 37746
 
Gotcha- I actually just like to comment on all softechies post re: corv because he has put so much energy behind it.

Im a position trader, so now that I got what I wanted from CORV, id love nothing more for it to retest the support at 8.. but as for tea leaf reading- I gotta admit, its scarey as a non believer like myself to see how accurate people like zeeve and velo are with it.. but on that note, its always important not to get too confident because its not a 99.9% situation by any means. Everyone (including velo?) was saying Monday was going to be a black/dark day.. what happened?

Not knocking anyone by any means.. These are the people I go to the very second I log onto s/i.. but lets not get silly and say that its a science.. because you all know that the nasdaq could rally today on a 25 simply because people may perceive something he says as being very positive or too many people thinking it goes down..

The only truth I know on wallstreet is the amount of people buying vs amount of people selling.. thats what makes it all work.. and of course it can change on the drop of a dime.. oh and of course the amount of money I can loss on a position, which is the very first thing I do when making a short/long decision :) and if I get a gain? its a gift!
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