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


To: velociraptor_ who wrote (21568)5/9/2001 10:20:46 AM
From: Bid Buster  Respond to of 37746
 
in the short term perhaps...but in the coming months as people begin to see the recovery is taking longer than what the spin doctors have told them we'll head for new lows.
btw. an interesting event occurred this am with the feds latest repo...it's not a pretty sight.



To: velociraptor_ who wrote (21568)5/9/2001 10:32:06 AM
From: mish5000  Read Replies (2) | Respond to of 37746
 
Velo: Early Trading seems to be playing out to the alternate proposed scenario I mentioned. Most techs are not selling off...I'm cautiously adding more Longs here...I've got a feeling we are going to make one of our famous basins again. If we finish slightly negative, or god forbid, positive this should send the spin doctors on CNBC into a euphoria regarding "absorbtion of bad news by the market."

Bottom found etc....Waiting for FED meeting before loading up shorts.