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


To: LzzrdKing who wrote (3339)12/12/1997 8:30:00 AM
From: VALUESPEC  Read Replies (2) | Respond to of 7396
 
Following is a link to my detailed thoughts on the general market:

Message 2946649

I thought others might want to see how my outlook and thoughts on the general market, its outlook, and dangers match there own.

VALUESPEC



To: LzzrdKing who wrote (3339)12/12/1997 9:42:00 AM
From: TATRADER  Read Replies (3) | Respond to of 7396
 
Lzzrd, good point on MACD in regards to PZZI...Definitely a lower high on this rally...Bearish divergence....However, this stock has me baffled since it should be moving down below 5.68, but someone keeps supporting the price....My RSI set at 14 day has been stuck for 5 days at 66.006.....It hasn't budged.....Regards, Mark



To: LzzrdKing who wrote (3339)12/12/1997 2:08:00 PM
From: LzzrdKing  Respond to of 7396
 
<<To me MCHM is more of a short than a long on a gap up. It has had two huge days in a row and has moved into overhead and resistance here. I would not go long it, simply because there are big profits to be taken in it now at the first sign of weakness, and especially on a friday.To me MCHM is more of a short than a long on a gap up. It has had two huge days in a row and has moved into overhead and resistance here. I would not go long it, simply because there are big profits to be taken in it now at the first sign of weakness, and especially on a friday.>>

I should be getting paid for brilliance like this... ROFL