Lizard King's Trading Swamp Message Board

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Strategies & Market Trends : Lizard King's Trading Swamp

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To: Tom Latham who wrote (3849)	1/14/1998 8:06:00 PM
From: TATRADER	of 7396

Thanks Tom, the main reason I am in BFIT short one is a trendline breakdown by 3% on a mature trend...In addition, yesterday my Ultimate Oscillator displayed a bearish divergence with price.... A lower low was in evidence today, and the stock appears to be losing upward momentum, and should fall soon by its own weight...We shall see... Another trade I shorted yesterday XYLN, looks to me to be another big 5+ score...We shall see...I have neckline pegged on XYLN at 15.00.... Two days below support, shows breakdown to me...Mark

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