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 (6129)	4/19/1998 3:52:00 AM
From: LzzrdKing	Read Replies (2) of 7396

<<Educational Tibit of Night A Torpedo is a trading term coined by Jeff Cooper..Basically, when the market tanks 100-200 points, you look for stocks that are in a strong sector, and in an uptrend, and are up for the day...Then when the overall market turns, you buy these stocks and ride the continuing momentum>> That is not exactly a method unique to Cooper. any decent trader recognizes that if a stock in is up when the market is tanking, it is very very strong and worthy of putting money into. Good traders always look at the sectors they are trading stocks in. That is why I mentioned ELNT to you. You need to know what you are trading. The stocks I am holding now are pretty boring, but I am doing well by doing it my way. AMES HAIN MLHR LABZ ATMS WIRE OATS FMAX CYBX amongst others. Notice the common link? No tech, and no Southeast Asia concerns. Here are the techs in my trading account, mgxi ttilf epiq eqnx apsg gicof stgc xlsw geoc metnf. Likewise very little if any tie in to SEA. No chip stocks. mostly good tech like telecom networking and softwear.

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