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Strategies & Market Trends : Lizard King's Trading Swamp

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To: LzzrdKing who wrote (166)7/24/1997 8:32:00 AM
From: Joseph Beltran   of 7396
 
XLTC, new 52 week high, increasing volume each trading day this week. Lots of accumulation at 10 3/4 on this puppy.
NMTX, new 52 week high, volume faded a bit yesterday which may signal an overbought situation but am watching carefully.
FSII sold for 1/2 point scalp. waiting for a break above 18 1/4 with volume..
Bought DSWLF yesterday, beautiful chart. more on this puppy. great earnings several weeks ago.
Bought FMK yesterday, waiting for a 5 point move. Great recent earnings. I rode this one after the spli from 15 or so to 20. Plan on riding it from 21 to 27-28. way undervalued.
Sold my MCSY at 27 3/4 and re-entered at 27.
Holding ORBKF.
My PRDE did not pan out as planned but I'm still holding.
APSG, the shakeout in the past 2 days was downright criminal. There is a special place in hell reserved for those motherless market makers. In the meantime, you can profit from their behavior...
MDRX, has been selling off on small volume, earnings out week of August 7th, sitting on 50 and 200 dma with support at around 41 1/2. I expect it to reverse soon. This stock is a rock and roller....

good luck
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