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


To: JK who wrote (4026)1/21/1998 4:13:00 PM
From: TATRADER  Read Replies (1) | Respond to of 7396
 
JK, I am still short at 15 3/8 with XYLN...You have a DT or if you look further back a potential Head and Shoulders top, 22.50 by 15.00...The neckline on XYLN is right at 15.00....If the overall market breaks down, this should be a 7 point score...But I am waiting
patiently to see if the Bulls can pull us over 8200 on the Dow and 1600 on the NASDAQ before I budge.....Regards, Mark

P.S. ABTX has a steep upward trendline, I am watching for a break by 3% before I entertain thoughts of entry...It is sitting right on 19.00, and I think is going to test the downside waters very soon...
Potential pullback with reversal at 16.25....



To: JK who wrote (4026)1/21/1998 5:30:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 7396
 
JK, while ABTX may have a retrenchment here, it is a very strong stock, you short it at your own risk. And do not short COO (what a powerhouse in the last few days).

Zeev