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

To: Jay Hartzok who wrote (2741)	11/13/1997 8:15:00 AM
From: TATRADER	Respond to of 7396

Jay, what you need to do on MASK is a volume study regularly on 3 day, 5 day, 10 day, and 20 day....Then keep an eye as it approaches the levels I post as reversal areas.......If the overall market recovers, you should have a safe buy of MASK in the 15.00-15.50 area...However, I have been trying to pinch pennies these days on any long position I enter, so i would probably wait for the stock to test the 13.00-13.50 area....If it doesn't come down to that level in this Bear market, I wouldn't touch it....I keep telling myself, "Love No Stock, even your favorites"....Follow your disciplines...That is why I'll probably get my hide tanned in GATE....But we will see...However, remember December is the month not just to go shopping for family gifts, but also the time to pick up slammed, high potential growth stocks.... I have not responded on HMTT, since I now do 12 different scans on over 600 stocks, then study the charts quickly on the hits, to see which ones have potential for the next day...It sometimes takes me 3 hours a night to do this.....So if I don't answer, its not because I'm trying to snub anyone, just that I am really focused on what I am doing....I took a quick look at HMTT...First stop is 13.50, and I might consider purchase at 11.50-11.75.....It has re-entered a rectangle pattern, and with the power of volume as it broke in, I would say my second target is possible... Regards, Mark P.S. I plan to stay short until end of December...Will see what January brings...