Lizard King's Trading Swamp Message Board

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Strategies & Market Trends : Lizard King's Trading Swamp

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To: LzzrdKing who wrote (3933)	1/17/1998 2:55:00 PM
From: Tech Investor	Read Replies (1) of 7396

LzzrdKing: I agree with you on that.. but I thought Thursday was the break of the uptrend, that's where I shorted NTKI at. I was expecting the Asian market to crash overnight, and Friday being the usual profit taking day, I have a good chance of covering at a profit. Of course I failed to check my earnings calendar, with IBM/MSFT reporting next week, it's gonna be rally for the next 3 days. With ONSL and generally Inet commerce very hot right now, I guess I will have to wait a bit longer before I can cover with a profit. Didn't help the situation that ONSL is reporting earnings next week. But I dont see NTKI being able to hold 20s, it will move up and down alot due to market manipulation and other factors. What do you think? Regards

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