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

To: Dan Lisman who wrote (5155)	3/16/1998 8:47:00 AM
From: TATRADER	Respond to of 7396

What interests me on NEWP is the flag pole pattern with pennants... Note how the stock has done this several times, a spike of 3.50, and then consolidation of 1.50...Right now we are finishing the consolidation period...Friday, the stock did a 180, and ADX continues to move up...Yes volume is down from the 10 day, volume at 10 day 125,320 verses 3 day at 54,000...But in a pennant formation it is only natural for volume to dry up before the next spike..I have meetings all day today, and appointments tonight at 7,8 and 9 P.M., so it looks like a non-trading day for me unless I can sneak back here at lunch time...Have a good day....Mark P.S. Gizzard Update:(Stocks recommended in last two weeks) PHTN Recommended on Silicon at 2.87 Present price=3.31 up 16% MERS Recommended on Silicon at 5 cents Present price=13 cents up 150% TKOCF Recommended on Silicon at 2.50 Present price NO GAIN......(need breakout in XAU for this one to double)