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


To: Jay Hartzok who wrote (2983)11/25/1997 11:02:00 PM
From: TATRADER  Respond to of 7396
 
Jay, in regards to GNRL, I have two potential reversal points to keep your eye on....The first is 14.75, that is where the 50% retracement line is at, and where I have been noticing a lot of hammered stocks getting buying support.....The volume has been low the past 3 days, so you should be able to tell when the reversal is upon you.....My second potential reversal point is at 13.75....Personally, I always try to hold out for the lower price, since I am a tight wad....

Good luck.....Mark