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

To: StoxRider who wrote (4812)	3/2/1998 11:46:00 PM
From: james r. davila	Read Replies (2) \| Respond to of 7396

RCMT, earnings came "just in line with First Call". Look for pullback to 18 3/4, then possibly get. They had nice earnings on share dilution, which is striking. GNRL, good trading stock BARR pulled back to support, nab it. ALNK had 2 point pop in first 10 minutes, was that you Lzzrd? UTI has some renewed interest finally, very cheap stock. Any comments on METNF, anyone know about this company? I think TEX has earnings soon. TER ruined the Tech Sector short term, ughhh. I bought more RADAF at the close, this company needs an analyst I think. Good luck. jim

To: StoxRider who wrote (4812)	3/3/1998 8:07:00 AM
From: TATRADER	Read Replies (1) \| Respond to of 7396

Mully, good luck on your SPCT short...You have a rectangle pattern from 17.50-20.00..It is true we are testing the lower part of the pattern, and if we break it presents a 2 1/2 score on a short position...However, note the lower volume as we hit the lower part of the pattern compared to the attack on the higher part of the pattern...That tells me buying interest is stronger than selling interest...This stock has been hammered to the downside...I learned my lesson a while back about what stocks to short...If your bad news evolves,however, I will be eating crow...Good luck...Mark