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Strategies & Market Trends : Lizard King's Trading Swamp

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To: Marlin C. Harmon who wrote (3050)11/29/1997 9:56:00 PM
From: TATRADER  Read Replies (1) of 7396
 
Marlin, check out previous high volume areas where a new high now becomes support on the way down....Also check out areas where there was high volume 5++++ and the stock touched a new high, but did touch a low point.......I see one 9++++ day...(9/4/97) I calculate that support in the 8.62-8.75 range should hold...I may be a little higher in my calculations on the downside than you, but that is the area of my bail point.....If I can limit a loss to 1/4 point, that is
what I strive for....Regards, Mark
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