Lizard King's Trading Swamp Message Board

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Strategies & Market Trends : Lizard King's Trading Swamp

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To: Robet Butkus who wrote (2929)	11/23/1997 9:15:00 PM
From: TATRADER	of 7396

Don't disagree with you Robet on EGLS....The spread on my -D1 and +D1 is narrowing and my Trix line is still comfortably above the 21 day, where it crossed over a while back....That spells uptrend continuing if it can take out overhead in 21.25 area...Right now the Bollinger bands clearly presents the trading range of 21.28 on the upside and 19.31 to the downside...Envelope channels have already been tested and give trading range of 18.34 to 20.27 on the upside...I of course am always bargain hunting and hoping for the 200 point drop....But since everyone is so bullish, that could not happen....Amazing how Asian Bank worries are solved in a couple of days...Take care, Mark

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