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

To: cloud break who wrote (4103)	1/25/1998 8:30:00 AM
From: Robet Butkus	Respond to of 7396

White House Woe's should give us ample trading opportunities in the coming weeks. I suspect there will be many "fire sales" taking place for the longs. As lizzrd knows, I bought some gold mining stocks early this week, and still hold them. The XAU bounced nicely, and is now resting above the close of 12/23/97. As I have said before, there will always be a sector to make money in, no matter what. Long bond, and dollar, are under short term seige because of Clintons political mess. The talking heads always get many in at the top...ie...the long bond. Have a good one..

To: cloud break who wrote (4103)	1/25/1998 12:11:00 PM
From: TATRADER	Read Replies (1) \| Respond to of 7396

Thanks Danny for all your insight..You are always welcome on this thread..Everything is gradually falling into place for the upcoming bear market...Zeev, again nailed it...My initial target on the Nasdaq composite is 1450-1475....We have a HST on the composite...Neckline at 1600...We just did a retracement to neckline at 1600, and were repelled...Thank goodness...I still have 15 open short positions... I am now moving into big names, since I feel that when the descent begins, there will be some good dumping on these(especially with any who have long-term Asia connections)...Names like MOT, will not be spared...I know I got some heat for shorting AMAT, and oneday I will be looking to go long on this one, but I will take my 8 points to the downside, before I consider 8 points to the upside.... Regards, Mark P.S. I almost entered one of my momentum short list for Friday, but didn't have the cash....Have target on UTI of 13.75....