Lizard King's Trading Swamp Message Board

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Strategies & Market Trends : Lizard King's Trading Swamp

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To: dealmakr who wrote (3603)	12/30/1997 12:39:00 PM
From: TATRADER	Read Replies (1) of 7396

David, I looked at INSO, had a few more minutes than expected.... My ultimate oscillator was not making a lower peak, from the last time the stock sunk...In other words, it was not confirming the low... I looked back to 94 and you have some genuine support now in the 9.75 area, and I believe you may have seen the bottom today....I would not short this stock....However, if we moved up significantly from here, I would be tempted to short when my oscillators were overbought, and Gann Retracement confirmed upward ceiling target area... Regards, Mark

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