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

To: Christopher who wrote (6591)	5/4/1998 7:52:00 AM
From: TATRADER	Read Replies (1) \| Respond to of 7396

Great comments Chris, I enjoy learning from others...I plugged in the 50 day on my WAST, and the 50 day was at 2.14, stock closed Friday at 2.43...ADX was at 17 and has moved to 20...If you want to discuss any gizzards, please move to my new gizzard thread....Thanks...Mark P.S. From what you told me, this stock has low volatility and a good chance for a break from pattern at 2.50...My only concern is the huge overhead..It will take an upcoming news release to generate the volume I am looking for...

To: Christopher who wrote (6591)	5/4/1998 8:40:00 AM
From: STYK	Respond to of 7396

<<In his article he is trying to minimize subjectivity when dealing with chart patterns. >> Chris, IBM had that set-up a few weeks ago. I also trade a mechanical system on IBM, with the buy/sells posted on a web page. Yesterday I replaced it with four charts showing how to buy a sector with fairly objective rules off of a correction for another thread on sector rotation. I used SOX and OSX as examples. The whole point of rules of course is to enter at a point where you can make a graceful exit if you are wrong. Regards, Styk members.delphi.com BTW, IBM has a nice technical set-up today.