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Strategies & Market Trends : Sharck Soup

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To: besttrader who wrote (16646)	4/17/2001 9:13:28 PM
From: Paul A	Read Replies (1) of 37746

Knight, sometimes when I get thrown around by the makets- the best thing to do is step aside and just watch for a few days.. Alot of shorts willb e covering tonight and tomorrow and going long.. This is emotional IMO and typically it means you buy at the top and will loss again.. Most of my failures were based on emotion because when you start getting 'good', its harder to accept the times when the market does the exact opposite.. Watch AMAT and other semis.. I find it so hard to believe that they will sustain a rally here but at this point anything is possible.. but nobody, and I mean NOBODY can sit here and tell me with confidence that we have reached a bottom, and the economy is about to snap back.. Semis are the key to this I think.. and I just dont think they can do it :)

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