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

To: Tech Investor who wrote (4132)	1/26/1998 10:15:00 PM
From: TATRADER	Read Replies (1) \| Respond to of 7396

Techie, you are getting good...Good read on NTKI...There is a lot of overhead at the 25.00-25.50 level..Present volume levels will never crack it...Stock did not close at its high but near its low...I did a quick calculation(I am probably off by a few hundred thousand, but I figure you have 3.6 million shares of overhead at the 25.00-25.50 level...Ultimate Oscillator is down while price is up, bearish divergence...Other oscillators are agreeing...This stock, IMHO, goes down...Try 21.00 area for first pit stop....Mark P.S.ONSL is too risky for me to consider shorting...It has some good support in the 22.75-23.00 area, and I will want to watch how it hits the area before making any further comments....