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

To: Tom Latham who wrote (3584)	12/29/1997 4:11:00 PM
From: TATRADER	Respond to of 7396

Tom, I did not enter CPQ Short today, because there were too many other bargains that have more potential on downside....6 of my shorts actually were up today from 1/2 point to a point...But I am sitting tight because I will wait for the 2-4 points per stock that I am looking for....Here are my present open short positions....I am getting my hide tanned on CREE, but I entered it too early...It is coming back to the neckline like a good Head and Shoulders Top should do....As long as the move does not break 20.00, I plan to make good profits on the downward rebound.... 1. INTS 2. CMOS 3. SFAM 4. TRND 5. LRCX 6. PIXR(finally it is tanking back to my designated cover area) 7. QTRN 8. OLCMF(building a right shoulder in a Head and Shoulders top---taking some losses on this one right now) 9. ANTC 10.UACA(went back into this one at 7 1/4...It took me for a 1/4 point a while back and I want my money back....) 11. CREE ( I thought your New Year's resolution was to cut losses...You are down already 1 point.....P.S. It is not New Year's Yet.... Regards, mark