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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: besttrader who wrote (10210)2/26/2001 3:01:02 PM
From: Sharck  Read Replies (1) | Respond to of 37746
 
Out all tech shorts, picking up stuff here,....
Of course, with tight stops, this is rumor based ONLY....



To: besttrader who wrote (10210)2/26/2001 3:16:03 PM
From: ~digs  Respond to of 37746
 
thread:

i think its time to realize that the market isn't rallying solely on whatever this angel character says... that is the media's excuse becuz it's the easy way to explain it...

the reality is that there aren't many sellers at these levels for the time being... sure we may be headed lower eventually... but it's clear to me that the short term trend has changed.

on friday we had a rally beginning at exactly 2:00 that ended above intraday resistance points... today we've got a continuation of that... with a higher low on the 5 min chart... a break and close above 2300 helps to further confirm the rally..

if you must short stocks... try and pick the ones that are not near the low end of their yearly range...

i would suggest something like slvn... altho that one might need a few more days yet. quote.yahoo.com

just my opinion of course...

trade smart...
dave