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 (5141)	3/15/1998 10:45:00 AM
From: tdl4138	Read Replies (3) of 7396

Hey Guys...beware of LGWX... It has a tendency to do the opposite one would expect... Volume has been building ...granted..and Friday was a spectacle.. Monday could just as easily see normal trading volume and a pull back to 12-12 1/2... It's done it to me before...twice.. I took advantage of Fridays move and unloaded a position I had since after the last earnings announcement...when it jumped from 10 to 12 3/4 and then fell to the high 8's...like a rock I thought I'd never see 11 1/4 again...13 1/2 looked great... I won't jump back in unless it shows some staying power this time Dave

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