Sharck Soup Message Board

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Strategies & Market Trends : Sharck Soup

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To: horsegirl48 who wrote (17108)	4/19/2001 9:07:59 AM
From: Devin123	of 37746

Some great posts on this board. None truer than horsegirl's. I was way too bearish and got my butt bitten hard with this last 1 1/2 week rally. I am now back in "trade" mode with everything going to cash by eod (if I can keep my discipline. I do very much agree that we are not out of the woods and have talked to more and more people that are starting to hurt with the economy slowdown, but the Fed is trying to fight this and fight it HARD. I therefore, am slightly bullish (today) with an extreeemly cautious outlook. Here's what I saw on my charts: oil stocks are about to take a hit so avoid or sell if you have profits (or possible shorts, but now I'm scared): ESV, SDE, DO. There are others but those jumped out at me. Also not in the same group but this one is gonna fall -- TDW MO has been under some distribution and I don't think is going to be going anywhere for a bit and possibly down soon. Retail still very cautious and not going long, but not shorting. That's all for now. Good luck.

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