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 (2295)	10/21/1997 9:35:00 PM
From: TATRADER	Read Replies (2) of 7396

lzzrd, please help me to understand your entry today in DWSN.....If I recall, it was wandering around the 50 day moving average, correct??? What do you look for as the tipoff for the explosion?? Does your NASDAQ Level II show you that large blocks were starting to bite, and thus you were tipped off, so you could jump before they finished filling their positions??? Just trying to get a read on the tip off to entry....Regards, Mark P.S. By the way for you techies, the Gann-Retracement and Speed Resistance called the bottom on DWSN at 22.50....I am convinced that it is one of the favorite indicators that professional traders use to gage turnarounds...

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