Lizard King's Trading Swamp Message Board

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Strategies & Market Trends : Lizard King's Trading Swamp

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To: Jay Hartzok who wrote (2117)	10/14/1997 12:29:00 PM
From: TATRADER	of 7396

Jay, I will not buy LEAF since we did not have follow-through momentum...Volume would have had to be over 100,000, and the stock taking out 3.25 for me to have jumped aboard...It made a weak effort at 3.18 today and then sold off...Remember that all the stocks that are thrown out by traders are simply stocks to watch for one day only...If volume and price action don't follow, we stand aside.... Also, you will notice on fast moving stocks that the bid and ask stay very close together as the stock moves up..A strong stock gives back grudgingly on its upward assault...These are the best ones to play....Mark

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