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Strategies & Market Trends : Lizard King's Trading Swamp
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To: LzzrdKing who wrote (702)8/24/1997 2:04:00 AM
From: Dan Celestino   of 7396
 
Speaking of jiggles, I was unfortunate to have been one of those who
was shaken out on what appeared to be weakness trading frte. I bought in at 13, watched as it took a dump to 12 1/4, fought back to 12 3/4,slow burned down to 12 5/8, I watched closely for the next direction which was 12 1/2, I quickly sold, and before I could blink it was on it's way upwards to 14 !!!! A classic shake out !!!

Which leads me to ask all you traders out there, In your own opinions,
Should I in the future, Give the stock more room to breathe,(avoid shake out) or stick to my preserve capital rule.

Dan
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