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Strategies & Market Trends : Sharck Soup
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To: besttrader who wrote (21187)5/8/2001 10:41:39 AM
From: Softechie   of 37746
 
Inflation is attacking on two fronts: energy and labor costs. Inflation is very bad for the market. Stagflation is rearing its ugly head. Also technically, NYSE tried and can't sustain above 11K. Nasdaq tried and can't sustain above 2200. They're at the top and ain't go further. It's time to load up the shorts on networkers and semis and storage networkers.
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