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Strategies & Market Trends : Lizard King's Trading Swamp
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To: Robet Butkus who wrote (64)7/10/1997 6:30:00 PM
From: LzzrdKing   of 7396
 
bought the close on AMES, huge vol surge. nice chart primed to break. Huge vol in LARS.
Bought some EGLS the other day at 24 1/8, they announced a new product today which hit the dow late. stock is basing and needs some vol.
VSAT insider buying, a director bought 20K at $10.00. He needed a few more shares, only had 3.1 mil.
GECM definitely under accumulation. Looks like I got the EASI bottom, which wasn't surprising, since the market makers would not sell any inbetween yesterday. Buying stock stocks after 50% retracement, especially where the stock it resting at a key moving avg, seems like good odds to me. EASI is going back to 20. ASIS is basing. I would be a buyer here, when the vol comes you won't be able to get in because all the offers will disappear. The stock is up on big vol and down on light vol, a good sign
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