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Strategies & Market Trends : Lizard King's Trading Swamp

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To: TATRADER who wrote (3965)1/19/1998 11:04:00 PM
From: virgil vancleave  Read Replies (1) of 7396
 
just thought i would add a couple shorts for all to look at. i am also a chartist, but do look at some of the fundamentals. i don't have any charting software, but have been having some accuracy. recall my nke and imnx posts.
bfit
cgn
lbor
imic
thqi
the chart of ctxs is kind of "wide and loose" which indicates a top formation and if this one turns down it could be good.

also call me stupid but i think msft's chart is showing a nice head and shoulders top with the right shoulder forming right now. if it doesn't make new highs, msft could possibly see as low as the 90 to 100 range and if it breaks that it is going to 60. it is quite overvalued anyway.
any comments are welcome
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