Sharck Soup Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Sharck Soup

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: DlphcOracl who wrote (17010)	4/18/2001 9:41:38 PM
From: velociraptor_	Read Replies (1) of 37746

At this point, I do not have any solid opinions long term. The wave counts are up in the air and the magnitude and speed of this rise has myself and many others baffled needless to say. I am favoring the mother of all bear traps scenario a bit, but extremely cautious here. Regardless missing the boat on the rally is an understatement. For the time being I have closed most short/Put positions after taking a bit of a hit these last few weeks and will not hold anything new overnight for now. The only way you could have caught this rally was by buying in and staying. The bulk of the moves (over 80%) from the 9375 low have occured either in overnight gaps or in very short bursts such as the 300 point DOW surge in 4 minutes today. My bet is that many people have missed the boat including fund managers. Staying cautious. Back to the cave.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next