Lizard King's Trading Swamp Message Board

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Strategies & Market Trends : Lizard King's Trading Swamp

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To: Joseph Beltran who wrote (29)	7/8/1997 5:41:00 PM
From: LzzrdKing	of 7396

MCSY chart is nice. However, I would not buy it here, it is extended and there are lots of profits to be taken on it. I would look to enter on pullback to 20. Today it climbed on lower volume. I would be ready to sell very soon. I bought JMED at 29 1/8, on higher high and news that co is comf with estimates next 2 Q's. Also bought EGLS 24 1/8. It's due for a rebound, infrastructure loves it also KMET I held overnight, trading up after hours I held ANDW overnight also, I liked the action in it and MOT good earnings will gap ANDW tomorrow I also bought INTL off 21 DMA bounce, and 100K swap. Sold KLIC too early but got 2 points, its strong and I would buy a breakout on it, which could be tomorrow. ATMI is a strange situation. Huge block buying all day, yet market makers were fading it and there were no sellers. Why were they fading it? Because they are all short up the ying yang and want to shake out some shares. Good luck market makers, ATMI is going higher, there is major buying pressure.

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