Lizard King's Trading Swamp Message Board

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Strategies & Market Trends : Lizard King's Trading Swamp

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To: Saulamanca who wrote (4119)	1/26/1998 7:26:00 PM
From: TATRADER	Read Replies (1) of 7396

Jim, on SBUX, I would wait to see how it attacks the 32.50 area, once it clears that level, you have a stopping point at 30.00 and then huge downside....I will keep this one on my radar because it reminds me of LCRX and EVS....Mark P.S. May try a blood pressure play tomorrow...ADCT is a double top, 40 by 25....Target of 10.00...However, I look for short covering tomorrow, and if they take it to 20.00, and it starts to lose momentum, I may short it there....Otherwise, safest entry for short is at 25.00.... Consider also: XYLN at 13.56 CLGY---pattern is 9.50 by 7.50....Target of 5.50 VIAS---at 35.60 STGE---at 34.87 DANKY---Momentum Reversal play... ENCD at 22.28 AFCI at 25.54 CREE I have another play I will enter tomorrow...Will post after entry... Take care.....Mark P.S. Others: SMU target of 11.25 PSFT at 30.08 QGLY pattern is 22.50 by 15.00... WAVO at 8.31 target of 7.00

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