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Strategies & Market Trends : Sharck Soup
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To: DlphcOracl who wrote (16224)4/14/2001 9:25:58 AM
From: Sharck  Read Replies (1) of 37746
 
"...do we have one good dump left in the market between now and September..."
Most traders expect it to come this week past as historically traders sell stocks to pay for taxs. As we all know, the big money was on the short side so it is not unreasonable to believe that much of the "profit" taking we say last week was short sellers covering. Previous post suggests a near term bottom, and again, I will be watching for key support levels going forward, 2000 on the NAZ being the next one.
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