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


To: LzzrdKing who wrote (3181)12/5/1997 8:35:00 AM
From: Donald A Dahl  Read Replies (1) | Respond to of 7396
 
Might keep eye on wpog, was given strong buy recommendation yesterday and has not moved yet. Ask is currently $2.00.



To: LzzrdKing who wrote (3181)12/5/1997 12:00:00 PM
From: VALUESPEC  Read Replies (1) | Respond to of 7396
 
Lizzard, your calls on the drillers have been extremely good. That makes two times in a row that you've nailed the short-term highs on the nose.

I've made significant steps in my trading this week. I've discovered shorting. I shorted a lot this week back and forth from long to short. All my trades have been successful so far (beginners luck, I'm sure).

I'm playing the intra-day extremes on DELL, MSFT and INTC, especially. It seems to buy when all are selling, or to sell when all are buying is working well right now.

I'm also trading s&p futures contracts with success for the first time since I started doing it a couple years ago. It seems I can actually make money doing that, too. First, I follow the foreign markets. On good days I play the s&p long. On so-so days I'm trying to stay out. I also sell into strength, and buy in weakness with a nice sized stop so I don't get dollared to death.

I also like trading because I'm carrying less interest and don't have as much night-time exposure. I usually only day trade s&p's.

VALUESPEC



To: LzzrdKing who wrote (3181)12/5/1997 2:37:00 PM
From: TATRADER  Respond to of 7396
 
Covered ESOL for a little over 1/2 point
Took home 2 points on RADAF
Will continue to hold SOCR, looks strong on reversal...
Will hold SYMC,ACLY, and AMES over weekend.....Rest now cash...

Can't do much until regular computer back in service.....Have a good weekend.....Mark



To: LzzrdKing who wrote (3181)12/5/1997 3:33:00 PM
From: bid for size  Read Replies (1) | Respond to of 7396
 
Lzzrd, DELL has formed a trendline from the low on Nov 11 at 70, also crossed the 50 DMA . Looking for an upside target as I am long Dec calls that expire on the 19th. the MACD is very bullish also. Yours and the opinions of others would be appreciated.