Lizard King's Trading Swamp Message Board

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Strategies & Market Trends : Lizard King's Trading Swamp

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To: GTC Trader who wrote (3504)	12/19/1997 3:06:00 PM
From: TATRADER	Read Replies (1) of 7396

Happy, I have TIF in a small rectangle pattern from 36.00-40.00..... It broke the pattern today, and I was fortunate enough to see it happen....I also saw volume coming in at the bottom of the pattern, saying to me, "We are not yet ready to abandon this rectangle! We want to go back into it.......I bailed because I wanted to be an outsider, and not be bounced around for who knows how long inside the pattern....However, I will tell you, one day soon that bottom will be broken, and there will be no reversal, and you will get your 5 or 6 points....I hope to return when that day arrives....Regards, Mark

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