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Strategies & Market Trends : Lizard King's Trading Swamp

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To: Rashid Garuba who wrote (2207)10/17/1997 9:26:00 AM
From: TATRADER   of 7396
 
Rashid, I use WOW5 professional edition, and have put in some of Jeff Coopers indicators to use for daily scans...I have an initial target of 10.93 on COBR...Somebody, correct me if I am wrong, but doesn't COBR announce earnings on the 22nd of October????..I have been trying to follow my disciplines to wait for the target price, but I admit it is painful at times when you follow this strategy...Take THQI...My technicals say we go to 17+ on this one in the next 30 days...However, short-term I see the potential of a pullback to the 13.00-13.75 area, where I anticipate a reversal...Now if I was a shrewder trader, I would have sold at 15+, and re-entered on the reversal...But I gambled that the ride would continue unabated...Wrong!!!

I am trying to improve my technical system...Are you familiar with Advanced GET....Any information from anyone appreciated on this technical tool....

Have a good day....If GRCO moves to 10.00, I will enter, otherwise, I am now studying short possibilities....

Mark
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