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


To: TATRADER who wrote (3596)12/29/1997 11:14:00 PM
From: NhotH20  Respond to of 7396
 
longs to balance your shrts mark
PTUS finally breaking
AMZN if closes >57 again poss squeeze
SYNT on fade off 15 today
NSPK uptick from here breaks base



To: TATRADER who wrote (3596)12/29/1997 11:53:00 PM
From: LzzrdKing  Read Replies (1) | Respond to of 7396
 
What makes you think ITEQ is going to 8?
Why would I not like that you said that? This is not science we are talking about. But if there is a jan effect, ITEQ is a prime candidate to feel its' effect. No connection to ASIA. Good valuation, and good institutional backing with DMGL PRUS and EVRN all supporting it. Tax loss selling hurting it now also. I say ITEQ never breaks 10. There has been nothing but good news from the co, and another accretive deal recently. Obviously, if the market continues to hate small caps, ITEQ will have trouble. Obviously, I will have a stop in under that double bottom. I personally believe there is a ton of money to be made on these beaten down small caps <the good ones> if you are patient. NTSC is another one, BTIC also.

Nice hammer on CLCI also today after a clean out.



To: TATRADER who wrote (3596)12/30/1997 3:04:00 PM
From: Robet Butkus  Read Replies (1) | Respond to of 7396
 
Mark..just when a system becomes infallible....it fails.
Long ITEQ VSAT HM PAIR
MDCO sold for 1 1/2....then rebought at 19
Long MIR MGG BNO MIND and others



To: TATRADER who wrote (3596)1/5/1998 2:02:00 PM
From: Bud Fox  Read Replies (1) | Respond to of 7396
 
After lurking on this thread for quite a while, I thought it was time to respond to your post concerning MDCO.

I have followed MDCO recently, trying to see if there was any play left in it. I took note of your trading range suggestions as an initial starting point. When it hit 21 1/2 -5/8, I thought about your shorting suggestion. After it drifted down to 21 and couldn't find any strength to re-test, I shorted.

Just covered at 19 and wanted to say thanks for the trading range information!
Is it a long candidate in the 18.5 - 19.0 range?