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


To: john Kurisko who wrote (4872)3/4/1998 3:25:00 PM
From: TATRADER  Read Replies (1) | Respond to of 7396
 
Basically, you look for areas of high volume from the past...You do not consider areas where the stock had once made an all-time high and is approaching it again.....We call this area, virgin territory, and overhead obviously does not apply...There is a mathematical figure that I use that I multiply by the amount of volume to derive the overhead on NASDAQ stocks....That figure, I still keep confidential, sinceif I hope to win, I need to have an edge....Give me a good stock, like SRSL, and I will do a study for you on it....Regards, Mark