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Strategies & Market Trends : Sharck Soup

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To: DebtBomb who wrote (21583)	5/9/2001 10:49:32 AM
From: Ron Dior	Read Replies (4) of 37746

The economy is no worse today than it was yesterday. Each day that passes it comes closer to a recovery. Greed dictates the movement up. Nobody wants to be on the sidelines for this move so they keep dumping money little by little in. Money flow remains slightly positive on many of these tech stocks because people are greedy dogs. Is the economy bad? Yes! Are companies losing money? Yes. Will it get better from here? Yes! When? No one knows and that is what fuels the market higher. The shorts are making it better for the bulls by shorting on every item of bad news. More fuel! There are traders out there like Sharck, Softie, Knight that know how to make money on the short side in a market like this but it is not easy. Tight stops and constant market indicator monitoring are a must. Though savvy traders can make money on both sides, this market is a wild ride for sure. Ron Dior

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