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Strategies & Market Trends : Sharck Soup

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To: Eurobum1 who wrote (17252)	4/19/2001 2:53:28 PM
From: fswep	Read Replies (1) of 37746

Euro, Be careful with mental stop losses, especially with shorts. If the server goes down (overloaded) on a squeeze you could be screwed. Even long it can be a sad day, remember EMLX when it dropped from $110 to 60, then shot right back up. Hell that wasn't to long ago was it? I got hosed on all the last rallies with mental stops. Only started coming out ahead with hard stops and then not buying back in until I saw a change. I'm just darting in and out and licking my wounds on April SP puts that I didn't listen to my gut and sell on 4/6 and my gut is saying right now beware. I try and blow it off as being burned and the resulting fear that comes with it. Still I am leery of this rally, just doesn't feel right. FWIW. Anyway back to the paper. Ward

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