Lizard King's Trading Swamp Message Board

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Strategies & Market Trends : Lizard King's Trading Swamp

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To: LzzrdKing who wrote (2045)	10/11/1997 8:43:00 PM
From: R. Bond	of 7396

Worth a mention on MLHR is that just before it tanked I saw an indicator that I had been told about: when a stock makes a higher high and lower low than the day before it's likely to take a dive. Check the chart. Looks like it's worth remembering. Hope MLHR is ready to pop and Friday wasn't a fakeout. Here's a good profile on MLHR dated July 4, 1997: icrm.com They mention that as of writing the stock price had nearly tripled this year. It's risen since then, as well. We may have been seeing some serious profit taking joined by short sellers. Maybe you want to keep an eye on this sight to get a loose idea of the limit orders out there: isld.com Cheers, Bond P.S. But what do I know?

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