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

To: Robet Butkus who wrote (4215)	1/29/1998 12:56:00 PM
From: TATRADER	Read Replies (1) \| Respond to of 7396

Glad to hear you were not aboard the Titanic...Either side there, and you would have gone down with the ship...(VBG)I am trying to learn the fine art of discipline, which is something I lack as a trader...Yes, it may be costly as I stubbornly stand on one side of the boat, but I am trying to teach myself to stick by my principles....Once I get myself trained, I will work both sides of the boat and become like you and Lizzard....Still have trouble setting those stop orders when I make a bad call.....Regards, Mark P.S. Looks like I should have gone for 10 points on LRCX, instead of just the 7 1/2 I took home....I get my check once a month, you make yours every day.... P.S.S. Remember with MDCO, you have the Saddam card, if that card is taken from you, we will hit my target area on the downside...However, I think Clinton wants to divert attention from himself, so it looks like bombs away and more profits for oil traders....

To: Robet Butkus who wrote (4215)	1/29/1998 4:37:00 PM
From: dealmakr	Read Replies (1) \| Respond to of 7396

Robet, I know that you trade MDCO on a consistant basis and very well I may add. I am trying to improve my timing on this one. I bot late at 18 5/16 in the afternoon during the selloff. I know this one has a tendency to gap in the am. Is this something that works well for you in this particular stock? I currently trade using time and sales data from internet trader realtime, I don't have level II. Will probably get it soon to have another useful tool and continue to watch the tape. Thank you for your posts. Bot PRCM 7 1/2 out 8 Bot TPRO 5 5/8 out 5 7/8 Watching KLAC trending between 36-38. Good for scalps when intraday range is 1 1/2 or better. ESV in and out last couple of days. Good Trading Dave