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

To: NW_Trader who wrote (6491)	4/30/1998 6:52:00 AM
From: TATRADER	Read Replies (4) \| Respond to of 7396

Patrick, good pick on AMTK...Neckline was right at 3.25...two days at or above neckline usually confirms break...You have a good initial target area....It is always somewhat subjective in determining the neckline...Take MDIX..If you look at the extremities of the pattern you get a neckline at 65 cents, which I mentioned the other day... However, if you observe where there was heavy congestion on the pattern you get the neckline at 50 cents....I am still in MDIX because the congestion area neckline was not violated....further, I am starting to become more guarded about my calls since Marketmakers may indeed read these threads as well, and use any information to their own advantage....the key here is to get an edge, and we don't want to give it to the guy who will put a knife in our chest..As you have stated, Peace and Justice.......Regards, Mark