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Strategies & Market Trends : Lizard King's Trading Swamp

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To: TATRADER who wrote (3055)12/1/1997 3:34:00 PM
From: SpecialK  Read Replies (1) of 7396
 
Mark,

I have noticed on MRVC, it looks to be in an uptrend but on such a positive day, it's down slightly. Looking at the chart, I can see tomorrow opening around 28.25 to 28.5 but then heading lower and retesting 27, it seems it goes up 3 and down 2, could be a good trading method.

I have never shorted, though I've thought about it a number of times.

I am holding right now as I expect 30-32 by the end of the month.
I am more of a 2-6week trader, I haven't been too successful with daytrading and it is too expensive until now I have Ameritrade for $8.

Ketan
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