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

To: VALUESPEC who wrote (3404)	12/15/1997 11:55:00 AM
From: VALUESPEC	Read Replies (1) \| Respond to of 7396

Added some more MDCO @ 18.125. It's looking stronger. This stock can snap back strong. I'm hoping to catch a movement like that, though I am obviously taking a signficant risk in trying to "catch this falling knife". Now $ 18.125b 18.31a 27 x 12 When the bid/ask started to change, I decided to buy more. If they are willing to take 27 on the bid and only give 12 on the ask, I thought that was positive. That alone isn't enough, but there were a series of lopsided bid/asks which until now weren't showing up. I'm hoping to see this back to $ 24 before too long, but who knows. A lot of technical damage has been done recently to these stocks.