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

To: shasta23 who wrote (2943)11/24/1997 12:34:00 PM
From: Tom Latham  Respond to of 7396
 
Bout time to count all the jiblets and stand over in the corner. This market is beginning to look pretty ragged. Cash and spectating might be a good idea.



To: shasta23 who wrote (2943)11/24/1997 12:41:00 PM
From: TATRADER  Read Replies (3) | Respond to of 7396
 
As long as volume remains weak as we hit target area,SOCR, the stock is going to eventually penetrate on the downward side.....I won't be around this afternoon to observe, but right now it looks like it wants to continue lower.....You will observe a mad rush of volume say 60,000+ shares in less than an hour, when the reversal is upon us....
I am still on the sidelines, but do have seven open short positions at this point.....regards, Mark


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