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

To: Christopher who wrote (4075)	1/23/1998 10:22:00 AM
From: TATRADER	Read Replies (1) \| Respond to of 7396

Christopher, it could well be that we are building the right shoulder in a HST on THQI...That would make the neckline at 17.50...That is the area that I am calling this stock to test within the next 30 days...Regardless, the trendline has been broken...Usually the right shoulder is the last buying effort of those in love with the stock... They believe their darling, has come down a few bucks and is worthy of more buying, or those who missed the Christmas rush, now want to get on board... Books: 1. Trading for a Living by Elder 2. Technical Analysis Explained by Pring 3. Technical Analysis of Stock Trends by Edwards and Magee(an old classis) 4. Technical Analysis of Futures Markets by John Murphy... (there is much useful material in here for the stock trader, even though there are a lot of sections dealing with futures... regards, Mark