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

To: Ron Dior who wrote (21586)	5/9/2001 10:57:39 AM
From: DebtBomb	Read Replies (3) \| Respond to of 37746

I held two shorts overnight, covered this morning, just went long two for a bounce, took profits on them also, going to water some new grass now, this is a trader's dream, IMO, watch out for this to turn back down, IMO, the news was bad.

To: Ron Dior who wrote (21586)	5/9/2001 11:00:30 AM
From: Softechie	Read Replies (1) \| Respond to of 37746

Have you considered more layoffs and higher energy costs? People will cash out from house of cards.

To: Ron Dior who wrote (21586)	5/9/2001 11:10:12 AM
From: golfnut777	Respond to of 37746

Also, continued negativity is what is keeping the market afloat with a upward bias. There are still plenty of funds on the sidelines. If everyone was bullish there wouldn't be any buyers because everyone would be in and the market would have no place to go but down. Every time the market digests bad news and recovers, those on the sidelines rationalize, "if the market didn't crap out on THAT news, then maybe it's not going to and I need to jump in ?".