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Strategies & Market Trends : Lizard King's Trading Swamp

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To: Paul Viapiano who wrote (5647)4/2/1998 9:12:00 PM
From: LzzrdKing  Read Replies (2) of 7396
 
I got my butt handed to me today on two lovely stocks I was holding, SMTK and RWAV. I could have bot two Yugo's with that loss. However, I was able to minimize 66% of the loss with some nice moves and day trades as follows:

ASYT sold + 1 3/8
ANEN sold + 2
NXCO sold + 2 <Something weird going on, one day monty raises est for 99 to $1.61 and a few days later lowers to $.057. Since I was confused I sold. Now I look to get back cheaper.

bot ITVU 14.5
bot BVSN 19.125
bot MLHR 32.5 <like this one a lot, pretty reversal, and best of all, I am buying one of their chairs, and they are going to pay for it now.
I like to trade PETM too since I have 4 dogs. Feels like I get dog food for free>
bot CMED 10.25. shud pop soon on that vol.
ESPRY looking very good also on that break. I however didn't add to it on the break as I was feeling a little gun shy near the open when I still had SMTK and that other pig RWAV on my screen.
MDMD followed thru nicely and MODT looking better as well, needs more vol.
MTMS had a real nice move late in the day.
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