Lizard King's Trading Swamp Message Board

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Strategies & Market Trends : Lizard King's Trading Swamp

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To: LzzrdKing who wrote (597)	8/20/1997 10:36:00 PM
From: LzzrdKing	of 7396

Just noticed the ASI collapse. There is a lesson there. I never let a winning trade turn into a big loser. The stock couldn't get thru 26 and yesterday busted the 50 day intra day and I sold. Then today, kaboom, on big volume. Now I watch it at 22 area support for a scalp trade maybe. There is no reason to be holding a weak stock in this market. If the stock is tanking in this market, something is wrong.

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