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Strategies & Market Trends : Lizard King's Trading Swamp

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To: sammy levy who wrote (5357)3/23/1998 9:50:00 PM
From: TATRADER  Read Replies (1) of 7396
 
Sammy, there should always be a technical reason why we depart a good stock...BNYN....Here are my two..(watch it will skyrocket tomorrow)
1. "When a stock gaps up, if one hour after trading, the present price is below the opening, short it or sell your position..."
2. The overhead on BNYN was too great IMHO to overcome on this first attack...Now if we generate another million share day tomorrow, I could be proved wrong...

Regards, Mark

P.S. Am watching XAU for break from double bottom pattern....Looking at PDG and ABX, already in PAASF(my Warren Buffet silver play)
IN BSNX today, missed MDCO(boy all the oils gapped up today, before we had a chance to nab them)

EVER
SESI(need hold above 10.00 at close to make me believer)
BELW(need hold above 10.50 at close to make me believer)
MDLK
MPDI
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