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

To: TATRADER who wrote (4112)	1/26/1998 8:11:00 PM
From: Tech Investor	Read Replies (1) \| Respond to of 7396

Mark: What is your take on NTKI/ONSL after today's action on both of them? I think today pretty decisively tell me the pattern for both of them, DOWN. The market maker for both of them (I suspet the same MM, but I dont have L2, so I have to take a guess) tried to force short covering by taking advantage of the CPQ + DEC and MSFT news and play it up, however, he was met with sellers and both of them ended the day way off their highs. I see the bounce ending, and a real downturn to happen tomorrow, my guess on tormorrow's close: NTKI close to 21 - 22 ONSL close to 22 What do you think? Regards