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: Sharck who started this subject	7/11/2001 7:07:56 AM
From: helius	of 37746

Wed - down AM , possible reversal PM Jim is short 100% at 2180 and may cover 25% of his shorts at around 1900. We were 50% short Monday , went to 60% Tuesday AM and were left 38% short(2168) PM after profit taking and may cover some of those today. Wednesday AM expect 1941 gap filled. Possible capititulation low to undercut 1923 on high volume for possible seller exhaustion. This bearishing engulfing pattern confirms reversal , if close Wednesday +1965 on high reversal volume of total 1.8-2.2 bln. In case of possible reversal target 1974-2016 today & +2039-2060 to 2081-2104 ahead. 17th panic lows by Puetz crash in anticipitation of world coming to an end by IBM warning. Alternate less likely scenario is 1900 break & undercutting 1890/88/81/70. In both scenarios of oversold reversal or continued drop NEW LOWS await ahead. Third alternate sees capitulation reversal spread over 2 days , Wednesday & Thursday eufinancial.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next