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

To: JACK R. SMITH JR. who wrote (5857)	4/7/1998 9:44:00 PM
From: LzzrdKing	Read Replies (1) \| Respond to of 7396

<<Gosh, Mr. Lizzard, I scarcely know how to address you. How could I possibly present an opposing view? Well, I will do it anyway. My view is that support at 23 will be penetrated and see further support in the $18.25-50 area. It may bounce off support there, but I think it will penetrate. I am referring to RCMT here. Best regards, mr. Lizzard!! Jack R. Smith, Jr.>> I think you are wrong. If you notice RCMT put in a nice hammer reversal on higher volume than in the last down days. that tells me that a bottom was put in today, and the stock goes higher tomorrow, assuming market conditions are ok. If a stock went up a dollar today, especially on decent volume, it is a strong stock. RCMT is a strong stock.