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

To: majormember who wrote (6306)	4/22/1998 8:20:00 PM
From: TATRADER	Respond to of 7396

Skane, on 3/31/98, SNRS traded 3 million shares...This was at the 7.53 area..That resistance now has become our downside support...If any of you use WOW5 professional version, use your Gann Retracement Indicator with the first mark at the base of the recent ascent from 3.00...Then click your other mark at 10.00...It is a picture perfect 7.37-7.50 support area that you will now see..Same goes if you use your Speed resistance from the lowest base going back a few years, and putting the top mark at 10.00....You get 7.50....As is obvious SNRS, is now in a consolidation phase with next break point at 10.43 on the bid...I will ask the intuition woman tomorrow if she wants me to put her back in this stock below 9.00...Right now we have trading range from 7.50-10.00...Regards, Mark P.S. I know ITSY is set for tomorrow, but tell me technically why HDIE is set too, other than ADX is still stuck at 37....I think my momentum friends deserted me today, my only hope is the value players..Hope they come back from vacation soon...