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

To: SpecialK who wrote (3463)	12/17/1997 1:10:00 PM
From: TATRADER	Read Replies (2) \| Respond to of 7396

ketan, MRVC, I don't know....You are right, it was a combination of both....Right now I am watching a mini-drama on a short that I am getting slammed on....It is UACA....I calculated 2.1 million shares of overhead at 7.62....The pros moved it up to 8.00, but the bid remained stuck at 7.62....If they would have taken the bid above 7.62, I would have covered, and taken my lumps....(may still do that, as I am talking like a wise guy)But I figure they are playing a game...Hopefully, they will take their profits toward the end of the day, and I can get out with minimal damage, or perhaps hang around another day for the downward momentum ride....Regards, Mark P.S. It sure is interesting watching the technical story of each stock...