Lizard King's Trading Swamp Message Board

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Strategies & Market Trends : Lizard King's Trading Swamp

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To: cloud break who wrote (4103)	1/25/1998 12:11:00 PM
From: TATRADER	Read Replies (1) of 7396

Thanks Danny for all your insight..You are always welcome on this thread..Everything is gradually falling into place for the upcoming bear market...Zeev, again nailed it...My initial target on the Nasdaq composite is 1450-1475....We have a HST on the composite...Neckline at 1600...We just did a retracement to neckline at 1600, and were repelled...Thank goodness...I still have 15 open short positions... I am now moving into big names, since I feel that when the descent begins, there will be some good dumping on these(especially with any who have long-term Asia connections)...Names like MOT, will not be spared...I know I got some heat for shorting AMAT, and oneday I will be looking to go long on this one, but I will take my 8 points to the downside, before I consider 8 points to the upside.... Regards, Mark P.S. I almost entered one of my momentum short list for Friday, but didn't have the cash....Have target on UTI of 13.75....

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