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Strategies & Market Trends : Sharck Soup
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To: velociraptor_ who wrote (20644)5/5/2001 2:10:34 AM
From: Mike M  Read Replies (2) of 37746
 
Stochastics can stay nailed to the ceiling for days.

I will be pretty surprised if Monday is not stronger than you expect. But, I am sure you were not looking for the degree of the snap back on Friday.

We all misread the market on occasion, it is important to avoid preconceived notions and also to cut and run when ones short term bet goes awry. Living to fight another day is critical to the game. Velo, you know a heck of a lot about technical analysis, but sometimes it is better to step back and regroup.
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