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


To: Steve Louris who wrote (3035)11/28/1997 12:41:00 PM
From: TATRADER  Read Replies (1) | Respond to of 7396
 
Steve, I am taking a big chance, but with all that volume, the stock seems to just be sitting there, doing nothing....I have not watched it all morning, but am hopeful churning is taking place....If she moves above 30 before 1:30, it will be exit stage left for me....I have to be careful when I watch chart patterns that I don't become too mesmorized by them.... The rounded top on OLCMF looks to me that some big positions are trying to secure profits...We will soon see....

Regards, Mark

P.S. Market starting to weaken...Looks like traders are securing
profits....Come on guys take it down, so I can cover....



To: Steve Louris who wrote (3035)11/28/1997 2:05:00 PM
From: LzzrdKing  Read Replies (1) | Respond to of 7396
 
There was a block of 600K OLCMF at 28. Might be the bottom. I would cover on close over 30 1/8 if vol there.



To: Steve Louris who wrote (3035)11/28/1997 2:53:00 PM
From: TATRADER  Respond to of 7396
 
Steve, now that we know about the 600,000 block on OLCMF, my goose is cooked....Thanks Lizzard for bringing this depressing news to me...
Please pass the zanax....Hopefully only a 1/2 point loss on Monday....
Don't know if I want your Monday thin pick, Lizzard, You will probably be graciously selling me your shares while you walk away with a smile on your face, and profits in your pocket....Have a good weekend....
Got to get ready for the stage.....Mark