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Strategies & Market Trends : Lizard King's Trading Swamp

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To: Shanker Reddy who wrote (759)8/26/1997 8:45:00 PM
From: TATRADER   of 7396
 
Shanker,in regards to NOVL, am I reading it wrong or did 3 million shares trade today??
If so, you have about 7 million of overhead sitting at 10.50-10.81...
Unless you continue with tremedous volume, I anticipate the pros will take profits in that area....Good luck...Mark...Indicators all looking strong, but approaching oversold area...I expect they will kick in when stock attacks resistance in the 10.5-10.81 area..
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