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Strategies & Market Trends : Lizard King's Trading Swamp

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To: shasta23 who wrote (2943)11/24/1997 12:41:00 PM
From: TATRADER  Read Replies (3) of 7396
 
As long as volume remains weak as we hit target area,SOCR, the stock is going to eventually penetrate on the downward side.....I won't be around this afternoon to observe, but right now it looks like it wants to continue lower.....You will observe a mad rush of volume say 60,000+ shares in less than an hour, when the reversal is upon us....
I am still on the sidelines, but do have seven open short positions at this point.....regards, Mark
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