Lizard King's Trading Swamp Message Board

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Strategies & Market Trends : Lizard King's Trading Swamp

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To: TATRADER who wrote (2900)	11/21/1997 1:27:00 AM
From: LzzrdKing	Read Replies (4) of 7396

Mark, one thing I think is important is to determine whether we are in an uptrend or downtrend in the market as a whole, when determining whether to go long or short. Some important developments occured today in the market DJIA over 50 day nasd over 21 day and a few points from taking out high from tuesday, and not far from post crash high, with plenty of room to roam after that. sox over 21 day. This market is astonishingly strong in my opinion, and a bull market for sure. Thus, shorts have to be entered much more carefully. That said, take a look at these two and let me know what you think. SCTC CHKPF. I will be shorting the drillers on failed retests of 21 or 50 day if vol is light and OSX under 118. Now here are some longs SMOD DSPT MASK SMMT SVGI APEX DMMC JMED CATP VIEW PSUN VLSI MAPS SUNW ATMS What do you think of IDMC FEET?

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