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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject4/4/2001 1:47:01 AM
From: velociraptor_   of 37746
 
A bounce now looks likely for the next 2 days as the wave structures are becoming very clear. We should have finished wave 1 down and should get a wave 2 bounce now. Given that April 6th is a major weekly turn point for the indexes as well as for a number of individual stocks, I suspect that the start of wave 3 of 3 down will start then. I will likely go as short as I can get by Friday morning.

Everything is falling into place nicely and I may even buy a few calls in the morning as a hedge for the next 2 days.

See my site for an update later.
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