Sharck Soup Message Board

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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject	8/24/2001 7:43:57 PM
From: besttrader	Read Replies (2) of 37746

I also want to add to you shark, that there was no time to confirm the uptrend in the Biotechs or the Nasdaq, since the ramp jobs were so steep and the time interval was squeezed. The proper trader waits for conformation of strength before buying and this whole week was a bunch of crashes and ramp jobs mixed together. Put a 10 day chart of the Biotechs and compx in front of your face and give me a trend and tell me there were easy markers in their to get you into a safe trade. I say you were all LUCKY to have made any money at all. The last 10 days were as choppy as a ginsu knife. I know personally many many newsletters and traders that I deal with actually lost a great deal of money this week. Your form of trading is WAY too aggressive for the conservative trader. I call what you do, buy and hope the stock gets squeezed. You are a great squeeze trader though, I have to admit, and a lot of other stocks are momemtum stocks. Personally, I have lost a great deal of money trying to momentum trade, since I always end up getten shaken out with a loss. You should rename your room and thread, "Sharks instant momentum catches".

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