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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 (6486)4/29/1998 10:55:00 PM
From: TATRADER  Respond to of 7396
 
Jack, let me know how you like Angell's book after you are done with it...Or if you want to sell it to me at reduced rate, will be happy to buy it from you...If you get anything by Connor's or Cooper, let me know, and I will help you set up the indicators for your initial scans...Looks like pro accumulation on IFCI in 5.40-5.87 area...Since the neckline is at 7.00, I will probably wait until that point to consider entry...It closed higher than its open today, and even did a small gap...I don't have EGNS or ABCP in my data base at this point...
Best regards to you in your trading, and keep me updated on what you are looking at...Regards, Mark

P.S. One of the stocks that taught me a lesson a while back is sitting on its neckline at 3.50...VOXW....Around the 6.50 area sometime ago, it did what Connors would refer to as a Double Volume Market Top...Near 3 month high, volume double average 15 day, and stock closed below its open...Didn't bail when warning was given, and got wings clipped...But every time I get burned, I become smarter...I am here to learn, and become better....