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Strategies & Market Trends : Sharck Soup

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To: velociraptor_ who wrote (19286)4/30/2001 3:41:15 PM
From: JRI  Read Replies (1) of 37746
 
Velo, nice call today (wish I would have seen it earlier)..

Q: After filling gap (2120 on COMPX), you said you are expecting a higher high......is that immediate? (ie..next thing to come?) or do we immediately go down again soon?

If we rally up another day or two, we then run straight into a really strong turn date.....I would like to see Dow/Naz challenge today's high's over the next couple days (or, in the case of Naz, 2200 and even 2250)...and then fail...

If this scenario occurs, we should get some decent down, no? (Just in time for the major turn to take hold). Sell in May, and go away?
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