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


To: stock talk who wrote (3722)1/7/1998 10:11:00 PM
From: TATRADER  Respond to of 7396
 
Frank, those were two brilliant picks.....If I wouldn't be so focused right now on shorting, maybe I would allow myself the time to look at some of your excellent picks...No I didn't enter either one...(Big dummy)I have been spending about 3 1/2 hours a night studying charts to short, and have not had time to do any of my long scans...Again, this is not a good look, but IMGN is in
a rectangle pattern form 1.20-1.80....There is a gap above 1.80, where you will need continued firepower to cross it...AT this point I am still skeptical(while you are making all the money) whether we can hold above 1.80 tomorrow....I calculate you have 5.1 million shares of overhead in the 1.80-2.00 area...You have taken out 3 million+ in 3 days...You are definitely off to a good start...If we have two days above 1.80, the stock should shoot to the 2.77 level for its next stop...Why do you need my advice? Could I please be on your e-mail list for future gizzard picks??? Mark

P.S. ACMI, unless you can keep creating this mysterious volume, should die a volume death in the 2.00-2.28 area...I calculate 3 million shares of overhead, and if I'd have been a trader on the initial rush, I would bank my 100% profits and move on now....
P.S.S. Sure hope you don't write me a note tomorrow and tell me it is up another 50%....Then it will remind me of STRR, moved to 3.00, and died below a 1.00....



To: stock talk who wrote (3722)1/8/1998 1:00:00 PM
From: TATRADER  Read Replies (2) | Respond to of 7396
 
Frank, looks like I nailed stopping points for both of your stocks, ACMI and IMGN....See prior post....Mark