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

To: DebtBomb who wrote (21583)	5/9/2001 10:45:34 AM
From: mish5000	Respond to of 37746

PLUG on FIRE.

To: DebtBomb who wrote (21583)	5/9/2001 10:49:16 AM
From: American Spirit	Respond to of 37746

Yep, everything coming back a bit here. Giving me whiplash. Shorts and longs alike have headaches now. Maybe sit the rest of this session out. Tomorrow is the last day of downside risk I see before the Fed cut. Sold my LOR a little soon looks like, at 2.85 just popped over 3.05. Dammit. Going to take a jacuzzi.

To: DebtBomb who wrote (21583)	5/9/2001 10:49:32 AM
From: Ron Dior	Read Replies (4) \| Respond to of 37746

The economy is no worse today than it was yesterday. Each day that passes it comes closer to a recovery. Greed dictates the movement up. Nobody wants to be on the sidelines for this move so they keep dumping money little by little in. Money flow remains slightly positive on many of these tech stocks because people are greedy dogs. Is the economy bad? Yes! Are companies losing money? Yes. Will it get better from here? Yes! When? No one knows and that is what fuels the market higher. The shorts are making it better for the bulls by shorting on every item of bad news. More fuel! There are traders out there like Sharck, Softie, Knight that know how to make money on the short side in a market like this but it is not easy. Tight stops and constant market indicator monitoring are a must. Though savvy traders can make money on both sides, this market is a wild ride for sure. Ron Dior