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Strategies & Market Trends : Lizard King's Trading Swamp

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To: Sparky Beardslee who wrote (3644)1/2/1998 11:01:00 PM
From: LzzrdKing  Read Replies (2) of 7396
 
I am watching DSPG myself. I think TXN future is thought of in terms of DSP. Thus, when TXN has a good day, DSPG should follow. DSPG was down on light vol. When the buyers return, it will rocket because there will be no supply. Thus you have to be in before that happens. It's on my list. There is a troubling gap in the chart that hasnt been filled. But I would expect it to put in a higher low than 18 and reverse.

VIDE made me very happy today, as did NTSC
I also have some BTIC which is starting to act better.

I had a feeling you were unwinding BARR. You must be holding some or it would be at 10 by now <g>. Actually I should short it...

AMES I am watching carefully due to that triangle that is setting up. I only bought a little, and will use a tight stop. Low vol sell off today not all that worrisome. Yesterday it was up on huge vol. The valuation is compelling, but the chart is weakening. It's at support, low risk entry.
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