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

To: LzzrdKing who wrote (3755)	1/9/1998 8:12:00 AM
From: Robet Butkus	Read Replies (1) \| Respond to of 7396

CHIR interesting long in here.

To: LzzrdKing who wrote (3755)	1/9/1998 10:52:00 AM
From: Willsgarden	Respond to of 7396

I like SCOP to bounce off $12...looks like typical fibonacci retrace. Also ACTC and UFEM Like CCUR although I don't mess with stocks when earnings are due. now what about that jim morrison thing Bill Monier

To: LzzrdKing who wrote (3755)	1/10/1998 2:06:00 PM
From: TATRADER	Respond to of 7396

Lzzrd, not any here I would put money into, but here is a quick take on the six you gave me.... AVTC---probably best of bunch right now... Double Top and Rounded-Looks like another 2 points on downside...Possible pros will cover at 27.00, but most likely with weak market in the 25.50-26.00 area... PTUS-Short near 22.50...Weak trend with ADX of 22. Upward trendline was broken near 22.50...Trading range stock---22.36-18.78... LAND-Double Head, single right and left shoulder. Nice pattern, but volume is too low for me to play...I have found you need stocks with volume days over 100,000 to do any damage... Pattern has Head at 30 with neckline at 21.50....A break from neckline could give you a 13.00 long-term target...Right now a trading range stock from 31.65 to 21.50....Watch how she handles 21.50, and volume movements at that point... SRCL--Good ADX at 33....Near 21 day at 14.33...Close was at 14.37... You have a rectangle pattern right now in the 13.50 to 15.50 area.. Good to play patterns at extremities, not in the middle...If stock breaks 13.50, should find support in 11.87-12.00 area...Right now trading range from 14.24-15.40....If overall market gets slaughtered again on Monday, should test 13.50 area....Otherwise should bounce back again to head toward top of pattern.... AVTM---Rectangle pattern from 8.50 to 9.12....Unless you get confirmation with volume, looks to me that stock should retrace downward into pattern...It is at an extremity, too be sure...Worth keeping on the radar...However, volume levels still don't get me excited.. 20 day=43,685 10 day=25,190 5 day=29,000 3 day=37,033 ISLI--support at 15.87...again not one to get me keyed.... Looks like it will come and test support and bounce gently upward... Regards, Mark