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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject3/30/2001 1:35:58 AM
From: velociraptor_   of 37746
 
Sorry Sharck...trend is still down, hard to believe. There is very solid resistance at 1180 in the S&P, 9950 in the DOW and 1950 in the Nasdaq. Channel lines are moving these lower as well. Chart patterns are mostly bearish. I see many people piling in on the "this is the bottom" bandwagon", especially those who are experienced traders.

A move above those points mentioned will change my mind for the short term, but I don't see it.
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