Lizard King's Trading Swamp Message Board

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Strategies & Market Trends : Lizard King's Trading Swamp

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To: Sul who wrote (3815)	1/13/1998 2:10:00 PM
From: TATRADER	Read Replies (3) of 7396

Suleman, use your fast stocastic 9 day, watch for a cross over of 80....Then look for deceleration in the oscillator...Namely, that it is moving down from the +80 area...At that point short....Otherwise you are taking too big a chance....I would wait, if this rally gains any momentum, there will be plenty of time to short at a higher price....But again, this is just my opinion....Mark P.S. I am a position trader and not a day trader...I don't have the time to see if we have churning at these levels or not....Got to get back to real job...

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