Lizard King's Trading Swamp Message Board

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Strategies & Market Trends : Lizard King's Trading Swamp

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To: TATRADER who wrote (4520)	2/18/1998 10:34:00 PM
From: virgil vancleave	Read Replies (2) of 7396

glad to see you are back mark. i only have about a week left before i leave for my navy patrol. just wanted to give a couple of stocks to look at on the long side. mscc.... support is at 18 to 20 and trend is up. chart looks quite good to me. most gold mining stocks even though sentiment is quite negative. just can't help seeing all the nice rounded or even double bottoms/ head and shoulder bottoms. i like pdg for one as well as a little company called alta. symbol tech sbl looks ok. hdco looks good. chart not great but company is and has been growing for years and just bought out another competitor for CASH...very bullish. earnings record very stable here also. shorts..... seems to be dangerous lately but i still think there are opportunities for those willing to take the risk and know how to cut losses when they are wrong. oils.... it is too late in my opinion and bottom is near if not at hand. i feel it would be better to wait and go long when the timing is right. tklc just gave me a sell signal today. seems it has run into overhead resistance and is overvalued. right shoulder just formed and momentum is now downward. scai is still bearish in chart pattern. so is oste, trii, apex, and even one you know...wire. wire is very volatile and can go either way. ctxs chart looks like it is going down and if it breaks support, the bottom is a long ways off. just to note, the only positions i have now are some gold and creaf ( i sold some cov calls hoping to buy back lower) but considering leaving with some as i am supposed to be back for a few days in late march( barring a war of course) hope this helps. i will email you when i return to port. hopefully you are still playing the game. and btw, i followed your link to what you do for a living. made my day as i am a believer. good luck

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