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Strategies & Market Trends : Sharck Soup

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To: Sharck who wrote (13594)	3/28/2001 9:57:47 AM
From: JRI	of 37746

Velo's targets of 1890, 1900 make a lot of sense......1900 is the top of the Feb-March downchannel......1890 is resistance based on 2 pts.....1890 is about a 50% Fibo too... I'm gonna close shorts there.....let the market make up its mind.....if we break hard thru 1890.....there's 200 pts of COMPX downside to go.....so, I can get in later.... Don't want to get killed in any bounce off of 1890-1900.....not worth risk...

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