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


To: TATRADER who wrote (3326)12/11/1997 8:59:00 PM
From: james r. davila  Read Replies (1) | Respond to of 7396
 
I will wait till INTC, CSCO, AMAT, CPQ,etc...etc....get to my buying price of around 2 - 3 dollars before adding to my positions for long term. My God everybody, this is this stock market, legalized gambling, what do we expect? This is why most of us have two jobs, so we can have some sanity.
Seriously I think we will have rough waters ahead but small cap stocks still look attractive to me. I just wish I had Lzzrd Kings money so I can nail a few.<g> Since I do work, it is hard to have my hand at the trigger position in these extreme volatile conditions. Things will settle and the sun will rise again.
Did anyone notice DSPT, it went up?
Bought more APSG today and bought GNRL again.
I should have sold AMES when Lzzrd did, but I missed that millisecond when the stock dropped.

Good luck everybody, I will be vacationing next week in the sun. At least I won't lose as much money.

But, I shall return, and hopefully my portfolios will look a little better than they did after this week.

The RADAF bet is still on, and just maybe my prayers will be answered.

jim



To: TATRADER who wrote (3326)12/11/1997 9:41:00 PM
From: deep_rough  Read Replies (1) | Respond to of 7396
 
Mark, I recall PZZI was doing about 10 cts/qtr, and looking at low to mid 40's forward. That's about a 15ish PE.

I like the technicals. It finished pretty well today, & look at how the recent pullback held at 5 5/16, exactly the high from last year. Textbook TA, isn't it?

Also, Van Kasper (the friendly marketmaker) seems to be supporting their strong buy rec.

Don't worry about leading me into the river. I do my own work, and came upon PZZI independently. I'm sure that's the case with most here. It's always gratifying, though, when another great mind comes to the same conclusion.

May our dough rise with PZZI.

Gary