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Strategies & Market Trends : Lizard King's Trading Swamp

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To: Bud Fox who wrote (3671)1/5/1998 2:27:00 PM
From: TATRADER  Read Replies (2) of 7396
 
Bud, please speak up, this thread is for traders, who want to improve their skills, and learn from each other...That is why I am here....
MDCO has good support at 18.00, as you can see by the action today...
Since I am a bear, I would not go long....In fact, I am waiting for the day when it breaks 18.00 so I can short it down to a 13.75 cover...But if you are a bull, 18.00 level is a good entrance point...
Make sure you set sell stop, around 17.50 area....Mark

P.S. How did you guys like that SNUS call? Nailed that puppy.....
My ESV that I shorted late last week at 33 1/8 is looking mighty good as well.....
P.S.S. Glad I did not short MVIS today..
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