Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Saulamanca who wrote (4119)	1/26/1998 12:42:00 PM
From: TATRADER	Respond to of 7396

Jim, I like your KTIE short near 17.00....I see a rectangle pattern from 14.00 to 17.50....Also potential triple top........Support at 16.00-16.12, 15.00-15.25, and 14.00-14.50....I was in SNUS a while back at break even, but the lack of volume got me a bit frustrated.... It is definitely a beautiful Head and Shoulders top....Possible to see neckline at 35.00, but I do recognize your take of 37.50, and it would be the safest area to short it there....Regards, Mark P.S. Will download SBUX tonight... P.S.S. Looks like my call on UTI for pullback to 13.75, was right on the money....Even the MDCO CEO on CNBC, couldn't give his stock a power booster today...Dum money entered early while watching T.V., smart money sold into rally..I believe if I remember correctly we have a pullback on MDCO to 13.75 level as well....Note how the TA, is once again ahead of the fundamentals...

To: Saulamanca who wrote (4119)	1/26/1998 7:26:00 PM
From: TATRADER	Read Replies (1) \| Respond to of 7396

Jim, on SBUX, I would wait to see how it attacks the 32.50 area, once it clears that level, you have a stopping point at 30.00 and then huge downside....I will keep this one on my radar because it reminds me of LCRX and EVS....Mark P.S. May try a blood pressure play tomorrow...ADCT is a double top, 40 by 25....Target of 10.00...However, I look for short covering tomorrow, and if they take it to 20.00, and it starts to lose momentum, I may short it there....Otherwise, safest entry for short is at 25.00.... Consider also: XYLN at 13.56 CLGY---pattern is 9.50 by 7.50....Target of 5.50 VIAS---at 35.60 STGE---at 34.87 DANKY---Momentum Reversal play... ENCD at 22.28 AFCI at 25.54 CREE I have another play I will enter tomorrow...Will post after entry... Take care.....Mark P.S. Others: SMU target of 11.25 PSFT at 30.08 QGLY pattern is 22.50 by 15.00... WAVO at 8.31 target of 7.00