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 (3056)	11/30/1997 9:37:00 PM
From: TATRADER	Read Replies (2) of 7396

Excellent call on MDCO....I have bottom pegged at 21.75.....Ultimate Oscillator is in bullish divergence with price....Check out Stochastic...You have another %K crossover of %D...This tells me shorts should cover.....Technically, one should wait until the crossover of the 20 line, but when that happens you may already have a couple of points in your pocket....Regards, Mark P.S. Pring KST that was in steady downtrend in MDCO, was up a tad on Friday....Again that is a sign that the trend is preparing to reverse... P.S.S. Would like to know indicators you use, but I know it will be like pulling teeth to get an answer....Marlin already tried a plyers and it didn't work....

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