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Strategies & Market Trends : Lizard King's Trading Swamp

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To: james r. davila who wrote (5306)3/20/1998 12:55:00 PM
From: TATRADER  Read Replies (1) of 7396
 
jim, I am staying away from SIGA right now...Fibonacci and Gann plot reversal point on SIGA in the 8.00-8.50 area...However, the volume level on the reversal today makes me suspcious..If you could have generated 200,000 shares, I would say there is power in this stock...
But so far only 95,000 shares traded...My ADX remains stuck...My upward trendline remains at 9.75....If she does not hold above that level at close, I would even be more suspicious..Good luck, I am basically on the wayside today, only bought TLSP,SCUR, and JAII today...Regards, Mark
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