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Strategies & Market Trends : Lizard King's Trading Swamp

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To: freelyhovering who wrote (5537)3/28/1998 12:59:00 PM
From: TATRADER  Read Replies (1) of 7396
 
Myron, Lizard and I follow a bit different trading practices...He is a master at the reversal play...I play stocks that are displaying a trend from a recognizeable pattern....Right now, I am not interested in KELL, because it has not demonstrated to me yet that it is a trender...A break of 27.50 and an ascending ADX will change my mind, and I may join you at that point....Pattern is 20 by 27.50....That means on a break of 27.50, you have a three month target of 34.50...
But I am not a believer yet(only in stock area of course).......Mark
Good luck....
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