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


To: TATRADER who wrote (3528)12/23/1997 4:07:00 PM
From: TATRADER  Read Replies (1) | Respond to of 7396
 
Where are all the traders??? The avalanche is soon to hit....Are you prepared for the 10 to 20% bashing of your portfolios? Am fastening my goggles for the breaking of the 200 day moving average on the NASDAQ....Ready to cover 10 short positions....Let the games begin....

Regards, Mark

P.S. The triple top was foretold 3 weeks ago......Note how stocks are not reversing like they used to, nor are breakouts having followthrough.....The writing is on the wall.....



To: TATRADER who wrote (3528)12/23/1997 5:08:00 PM
From: advinfo  Read Replies (1) | Respond to of 7396
 
< The PE on PIXR is ridiculous >

Mark,

This one too, IMO looks like a good time to short again:

www1.wsrn.com

Opinions??????

P.S. What TA indicator did you use to spot the weakness in SFAM?
Stoch, MACD, RSI were looking upbeat, was it just this weak market
that lead you to think the momentum would not be sustained?
Whatever the case it was a nice call, keep up the good work!!!