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Strategies & Market Trends : Lizard King's Trading Swamp

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To: TATRADER who wrote (4116)1/25/1998 11:20:00 PM
From: LzzrdKing  Read Replies (4) of 7396
 
Here is a short I have been waiting for. COHU has run up because smart money knew Scott Black would mention it in the barrons roundtable as he always does, the question was which weekend of the 3 he would be in. He was in this weekend. So now of course, it will gap tomorrow and smart money will sell into the gap. I think this short has a very high probability of success. Of course, if the futures continue in their tank mode post super bowl, it may not gap, but still looks very extended, and the sector is weak as well. Interesting to note that the first post I made here was the fact I liked COHU long.

SUMX has a beautiful chart.
TSRI also.
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