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 (3023)	11/28/1997 10:52:00 AM
From: James R.Gross	Read Replies (2) of 7396

Lizard, I see you caught that chart in IBD of FRES. Did you see any- thing in CFWC that was on same page? Just have been observing some and trying to learn some. Guess it is sometimes better to observe than get kicked in the ass with these market conditions. Last week someone on board had been talking up companies with earnings coming up. The stock ended up pulling back after report. I probably also look for earnings but it might be better to find companies with 2-3 qtrs. with beating est. with increased volume to even consider. I do a personnel scan of nasdaq on tuesday because to see fund #, hopefully increasing and one I liked was ADIC, but no rel st. and earnings coming next week it just is going nowhere. It seems to have resistence at 18.25 and looking further it did gap a few times over 2 week period. Now, I find myself looking at breakout charts just observing this T.A before I feel comfortable to take a position. Any thoughts of encouragement would be appreciated. Thanks in advance.

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