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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject7/12/2001 7:38:29 AM
From: Sharck  Read Replies (1) of 37746
 
Be back in a bit, will be selling my longs into any "major" gaps up today or at least following holds with tighter stops then usually. I understand the herd mentality, and mentioned just such a rally could occur only a few days ago. No one wants to sell and miss a big run up like we did after April lows. Watch the MSFT upgrades which will help the software sector cos. The rally could last at least a few days without any major new news. By Monday, Tuesday, we will undoubtedly have a few short set ups to play. I am out all shorts, and will ride this wave for what its worth. All my humble opinion.
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