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Strategies & Market Trends : Lizard King's Trading Swamp

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To: LzzrdKing who wrote (702)8/24/1997 5:13:00 PM
From: TATRADER   of 7396
 
Lzzrd, thanks...you will find that I am a sponge that absorbs the knowledge any trader is willing to share.....I still remember your timed buy order to fool the MM'r, so he would raise the bid, and you could sell some shares, then cancel your buy order...I entered TRES at 9 7/8 late last week...My MACD Histogram is displaying a trend...Same with Pring KST...+D1 sits at 36 while -D1 is at 6...ADX at 29....
WE have flag pennant formation last week with 2.00 spike, we have consolidated in the 10.00 area, so I look for next spike to 12.00 area...The Trix line crossed the 21 day, another bullish sign...Takeover roomers abound, and with the volume of the stock picking up, and "A" under accumulation in IBD, I would say there is substance for a takeover from a TA viewpoint...You are getting some good traders in here with NOT, joe, and Robet(he is probably now having Happy Birthday sung to him by staff at Lonestar, after his tremendous line dance jiggle)

I have my focus on one of NOT's picks for tomorrow...It is the one that does the jiggle...Regards, Mark
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