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Strategies & Market Trends : Sharck Soup

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To: Sharck who wrote (5256)12/20/2000 3:16:14 AM
From: velociraptor_  Read Replies (1) of 37746
 
Sharck, the 2300 area is what I am expecting to be the real mid term bottom for about 2 months or so. I have been calling this for over 2 months now on the site. We should see a decent rally like what we got during the summer this year after the last May decline. Don't expect it to last...this bear market is not over yet and has a ways to go.

There is a chance the 2300 area could fail....if so, there should be a definite bottom around the 2000 area. I'll be hanging up my shorting hat for a little bit if we get there.

Velo
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