Sharck Soup Message Board

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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject	12/21/2000 10:12:40 AM
From: besttrader	Read Replies (1) of 37746

I made a lot of money shorting yesterday, but after I covered, I went long 6 times during the day, thinking that around 2350 was the bottom...cut all those longs and went to cash immediately. Today I saw the NAZ rocket up, and sat out. Lucky I did. I had a feeling that was a trap. I am looking for 2228 as a possible bottom since I read where that was where leg A and C was equal. Also, 2200 is the 65% retracement level from the high. Should I go long if NAZ hits either of these #'s today? Thanks.

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