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

To: SpecialK who wrote (3418)	12/15/1997 11:56:00 PM
From: TATRADER	Respond to of 7396

ketan, I am happy that you are so positive on MRVC....I am aborbing the disappointment that I didn't hold onto my short at 26.50....If I would have sat tight, and followed my charts, I would have had 6 points in my pocket...Instead, the shakeout by the pros brought about my bail out....You have a Head and Shoulders top on this one...Neckline at 25.00....I will keep my eye on it...May be tempted to short it again in the 25.00 neighborhood....Or if she can't hold 20.00 will ride it down to 17.00....Of course, all that volume today was accumulation, right, so I won't have a prayer at 20.00....Mark