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Strategies & Market Trends : Lizard King's Trading Swamp

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To: Tom Latham who wrote (3138)12/3/1997 6:43:00 PM
From: LzzrdKing  Read Replies (1) of 7396
 
I was gone till late afternoon. Stopped out of SOCR for 1/2 loss, market makers took me to cleaners, stop in 11/16 and filled 1/2. Obvious run of stops there. No mm's sitting at obvious stop of 5/8. Anyway, now support is resistance, so I will watch.

Also stopped out of RTC with stop probably too tight, sold for 1 3/8
Sold AVL also for 2. Like it a lot but vol wasnt there and market was weak when I sold. There is a little resist on the chart in this area, so am watching and hoping for cheaper entry.
Sold AMES for 1 1/2, might have held but vol light and SSS coming out tomorrow so didnt want risk. Like this one also. Will buy any breakout or fade for sure.
bot BRKS 19 5/8
Bot KELL 24 7/8. Grrrrrr. If they want to shake this one out I will be there buying. This is about the best stock out there.
bot DMMC 16 3/8, nice hammer reversal
bot more UFAB 18 3/4, this was a beautiful clean out by the market makers, upward momentum now. About as good as a hammer gets on this one.
bot more MDCO 23 5/8 at close.
bot KLIC 25 7/16
held NTSC thru earnings by accident, I had them down for release tomorrow.
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