Sharck Soup Message Board

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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject	12/26/2000 12:49:50 AM
From: velociraptor_	Read Replies (1) of 37746

Brief market update...I have had much to catch up on this evening after having a few days off. My research this evening is a bit mixed and sketchy, however, odds are stacked for a bearish possibility. Watch the opening few hours....we need to break over 2600 to sustain this bullish move and press forward. Otherwise, the potential exists that we will be headed for new lows within the next few days. Rally MUST be sustained. A gap down or even a small rally and reversal at 2600 or less will not be a good sign. I will be shorting quite a few stocks during the morning hours, and especially if we approach anywhere near 2600. I will likely consider covering if the Nasdaq gets near 2625. The usual suspects will be targets. Velo

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