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Strategies & Market Trends : Lizard King's Trading Swamp

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To: Robet Butkus who wrote (435)8/12/1997 6:10:00 PM
From: LzzrdKing   of 7396
 
Yes, ASIS is amazing. I spoke to them a few weeks ago and they said they were comfortable with estimates. I guess comfortable is relative. To some people it means, give or take a few cents. I never hold thru earnings, but some people do, such as Sparky who has a board in this short term trading under, "Sparky's Corner". To me the risk-reward is absurd for holding thru earnings.

Wasn't there another poster on this thread who was going to hold thru earnings? I hope he changed his mind. I think it was James Davila.

Anyway sold SOCR 8 1/2 and ORBKF 42 1/2. Bought PESC and had it reverse in my face when the market weakened. Down there
Sold EGLS flat as well.
Held SEBL, got a Cowen buy rec today. That buy rec and a buck will get you a Big Mac. Held onto MDCO, looks strong even though it faded late.

Not holding much here, don't like to wake up and see futures limit down on these economic #'s.
That was why I sold into strength some of the positions today, I figured we would have a reversal from the morning and it happened.

MLIN starting to look interesting again.
Need to see some charts. Have court tomorrow so I won't be around much.
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