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Strategies & Market Trends : Lizard King's Trading Swamp

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To: LzzrdKing who wrote (3491)12/19/1997 1:54:00 PM
From: TATRADER   of 7396
 
Lzzrd, shorted CREE at 17 3/16....May be a bit early, anticipate rally to continue to 17.50-17.75 area, before pullback, and downward bias continue...Again I like CREE because we have a Head and Shoulder Top with neckline at 20.00....Measure the head to the neck and you have 7.00....I am looking for 12-13.00 area on downside.....Regards, Mark
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