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Strategies & Market Trends : Lizard King's Trading Swamp

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To: TATRADER who wrote (3460)	12/17/1997 12:47:00 PM
From: VALUESPEC	Read Replies (1) of 7396

Sold MDCO @ 21.56 for just over 2.50 pts. SLAM is looking good. I'm glad I loaded up early. This could see $ 15+ very soon. I wouldn't be surprised to see it $ 19+ in a month or so. I'll sell 1/2 at some point to lesson my risk, and then the other 1/2 when it starts to show weakness or when I feel like it. Still holding all of my SLAM. It is a shame I didn't hold all my MDCO shares. It did exactly what I hoped it would do except gap open higher the first day I was loaded up. I thought it would gap up at least a point that day . . . oh well, I still made good money with my remaining 1/3. It's funny how you sometimes feel a little bad even when you win ! I've been on a roll for the last week or so. I hope it keeps up. I was gettig burned out few weeks before the crash on Oct 26 (and the crash finished me off for a month or so) but now I'm motivated and having a lot of fun and success. I'm almost up 100% again for the year (I was up as much as 160% before the crash and as low as 50% after the crash). Maybe SLAM will pass $ 15. That should bring to back to 100%. or so for the year. Right now I'm up about 90% I haven't shorted this week. Maybe I'll look for a target. VALUESPEC

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