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

To: dealmakr who wrote (4222)	1/29/1998 4:56:00 PM
From: LzzrdKing	Read Replies (2) \| Respond to of 7396

Market leaves foul taste in mouth today starting with my sure thing gapper amat that whipsawed my ass with mlco downgrading growth for sector. Asnd non performer also and was summarily dismissed at a loss. However, took home nice profits on abtx + 1 3/8, GMSTF + 2 1/2 and sold HSTR for taco money bot SMTK nice breakout huge vol, had to rebuy after selling some mid afternoon lull, bot close, huge block after close also. My VII coming back to life with my SCAI Still holdig ITEQ TSRI, closing high TSRI PESC nice move also holding GTAX also, needs a rest. All in all made a few tacos, but this holding overnight is perilous. mark PTUS very nice fade on fairly lite vol. While I believe vol is more important for longs than for shorts, I am not all that convinced on this being a short here, however, the chart sure is going to look ugly 2nite.