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

To: Instock who wrote (4232)	1/30/1998 9:42:00 AM
From: TATRADER	Read Replies (1) \| Respond to of 7396

Just learned another pride lesson....XYLN moved above a pattern at 15.00...That was the neckline...Should have been out yesterday, if I would have followed my disciplines...When volume was high and tight-bid-ask, that is breakout, that is a fund buying......Out today at 2 3/4 loss...It was not a shakeout, I don't know where I left my brain....Also NVLS is in a rectangle pattern from 30-35...Not a shakeout...The strength seems to be toward the upper side of the rectangle at present, but the pattern is holding...So I will stay short on that one...Regards, Mark P.S. The picks I submitted to this thread yesterday were good ones...That is if we have a weak market today...