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Strategies & Market Trends : Lizard King's Trading Swamp

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To: LzzrdKing who wrote (588)8/20/1997 7:22:00 PM
From: sepku   of 7396
 
>>>Bought PAIR 25 1/4 for a flip.<<<

Lizzrd, a flip up or down? I raped that stock today, and I'm thirsty for more blood tomorrow -- tons of great news out today by H&Q (upgrade to strong buy), plus widespread anticipation of a couple huge contracts (NYNEX and ?). Also expected to blow away Sept. earnings. This one is obviously gonna spring to 30 anytime now. I'm buying on weakness tomorrow. So...are you long or short?

>>>However, I didn't hold much because the market is extended here and due for profit taking. If it isn't tomorrow it will be Friday most likely. <<<

I agree. With this run-up, profit-taking has to occur soon. Sooner the better in my eyes, I need someplace to work my capital every morning.

That ASMLF is amazing! Great play...

Style Pts.
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