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Strategies & Market Trends : Sharck Soup
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To: GREENLAW4-7 who wrote (35106)9/12/2001 2:04:18 AM
From: velociraptor_  Read Replies (3) of 37746
 
Agreed Greenlaw. I was also expecting a larger bounce soon. I only have a few shorts and only one long as a hedge, and was going to use the bounce to reshort. No chance on that now. A 1000 point decline is likely right now. Most DOW stocks trade overseas as well and are off on average of 10% each which equates to nearly a 1000 point drop from where we are now. The longer it takes for our markets to open, and the more they drop overseas, the bigger the drop will be here when it does open. A bounce? Sure....it will happen. I just don't know from what level yet.
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