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


To: virgil vancleave who wrote (4528)2/19/1998 8:45:00 AM
From: TATRADER  Read Replies (2) | Respond to of 7396
 
virgil, I'll check out ALTA,PDG,and MSCC tonight...Have a safe trip, and stay in touch...Mark



To: virgil vancleave who wrote (4528)2/19/1998 8:19:00 PM
From: TATRADER  Read Replies (1) | Respond to of 7396
 
Virgil, I looked at ALTA,PDG,and MSCC...Of the three ALTA is the most interesting...You have a double bottom pattern with a reading of 1.25 by 1.75....The stock held above the pattern today at 1.78...Remember NH20's rule of two days above support confirms breakout...I will be watching ALTA Friday....I have a target if she can hold above 1.75 by Friday close of 2.25 with intraday spike to 2.43....ADX has been in a holding pattern at 47 for the past three days...I don't get nervous unless it starts to go down from 47....Relative Strength peak is lower on this move to 1.78, which makes me say, wait.....It could be a trap...Good volume though on the attack of the neckline...Regards, Mark

P.S. I will miss your picks while you are at sea...Come back soon..