Lizard King's Trading Swamp Message Board

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Strategies & Market Trends : Lizard King's Trading Swamp

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To: JK who wrote (4026)	1/21/1998 4:13:00 PM
From: TATRADER	Read Replies (1) of 7396

JK, I am still short at 15 3/8 with XYLN...You have a DT or if you look further back a potential Head and Shoulders top, 22.50 by 15.00...The neckline on XYLN is right at 15.00....If the overall market breaks down, this should be a 7 point score...But I am waiting patiently to see if the Bulls can pull us over 8200 on the Dow and 1600 on the NASDAQ before I budge.....Regards, Mark P.S. ABTX has a steep upward trendline, I am watching for a break by 3% before I entertain thoughts of entry...It is sitting right on 19.00, and I think is going to test the downside waters very soon... Potential pullback with reversal at 16.25....

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