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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject5/25/2001 7:58:04 AM
From: mish5000  Read Replies (1) of 37746
 
DO NOT TAKE SHORTS OUT YET: There is still some potential upside to this rally. I would suggest that a time to scale into Shorts would be if we make new recovery highs in the upcoming days. I would look to a potential target of ~2400 before heavily postioning. There are a lot of great Shorts out there, but if you jump the gun you could get burnt. Still Long and Scalping Shorts.

My charts are telling me, more potential upside before a large corrective retrace of the entire move from the April lows. Patience Friends.....
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