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 (2905)	11/21/1997 10:20:00 AM
From: TATRADER	Read Replies (1) of 7396

Lzzrd, I did not do as indepth analysis on CHKPF as SCTC...Volume on CHKPF has slowed down on this price rise....20 day was at 76,755, opposed to 5 day at 61,110....Low volume rallies are always questionable...If she does not burst through 50 on volume over 100,000, a short potential is indeed evident.....Would short in the 50 neighborhood, look to cover at 46.00...Set Buy stop at 52......Regards, Mark P.S. Looking to short JRJR,SGI, and possibly RAYS....MRK is starting to look tempting as well.... But I will watch the broader market and the individual stocks before I do anything.... P.S.S. SHORTED SCOP again at 13 3/8...Maybe I can get this one right this time.... P.S.S. Am going to stay away from JRJR today...Looks like NOTH20 just bought 70,000 shares...That guy!!!

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