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Strategies & Market Trends : Lizard King's Trading Swamp

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To: freelyhovering who wrote (3337)12/12/1997 2:57:00 AM
From: LzzrdKing  Read Replies (3) of 7396
 
To me MCHM is more of a short than a long on a gap up. It has had two huge days in a row and has moved into overhead and resistance here. I would not go long it, simply because there are big profits to be taken in it now at the first sign of weakness, and especially on a friday.

Might want to consider being short some semi eq over the weekend just in case klac or amat says something bad...

Does anyone know if FRES sold some rotten lettuce to Korea today. I like it at the 23 area.

Mark, do you show RSI dropping on PZZI as I do? I also show a MACD putting in a lower high here, two divergences that are troubling to me.
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