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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?

To: james r. davila who wrote (2300)	10/21/1997 9:11:00 PM
From: TATRADER	Respond to of 7396

james, I follow MALL...It was on my buy list for today at 16.75, but the momentum did not carry it to my trigger point....Thus, I have no position...A day earlier as you know, Mall did an expansion breakout...The technical move was a flag pole with a height of 2.00......As I see it now, we should be in a consolidation phase for a few days....Lack of followthrough momentum today makes me draw that conclusion...I would like to grab MALL in the 14.87-15.25 area....(Just like I grabbed GATE when I told everyone a few days ago it would pull back to the 1.75-1.81 area, and then watched as it did that, and then didn't enter) My short-term target on MALL remains at 17.25,(1 month) although I expect this one to move a lot higher long-term....(3-6 months)....I don't have MDCI in my data base yet.... Regards, Mark