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Strategies & Market Trends : Lizard King's Trading Swamp

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To: Lawrence Burg who wrote (6323)4/23/1998 8:39:00 AM
From: TATRADER   of 7396
 
Lawrence, I am sitting tight right now on HDIE with two open positions...One for contest and one personal position...My contest entry point is 3 9/16...Patterns are quite subjective to the trader, but I have the head at 1.50 and multiple shoulders....One of the left shoulders gives a neckline reading at 4.00, and so does one on the right....
I guess what i am saying is that if we have two days now above 4.00, I have a projected target of 6.50...I usually don't give my targets but since this presently looks like dead fish, will do so...Regards, Mark
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