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


To: Steve Smith who wrote (3792)1/12/1998 11:23:00 AM
From: Robet Butkus  Read Replies (2) | Respond to of 7396
 
Bought MDCO in the 13's...nice call MARK.

Making ching...



To: Steve Smith who wrote (3792)1/12/1998 11:44:00 AM
From: TATRADER  Read Replies (2) | Respond to of 7396
 
Steve, as anticipated the reversal I called at 13.00 on MDCO, was a good one, an angry one, traders know a bargain when they see it...
I have FORE on my watch list...I am waiting for real confirmation of a takeout below 15.00 before I entertain entry....It did not like going under 15.00 for long, did it?? FORE is a strong company, so I anticipate first potential cover point at 13.75 and if the whole market tanks could see 10.00 for reversal point....Mark

P.S. But today it showed that 15 has some good support.....



To: Steve Smith who wrote (3792)1/12/1998 11:58:00 AM
From: TATRADER  Read Replies (1) | Respond to of 7396
 
SHORTED MCRL at 27.00, neckline at 32.50, taking a chance on Dow closing below 7600....SHORTED PPG at 53 3/4.....Mark

Now 12 open short positions...