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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: TATRADER who wrote (1801)7/25/1998 10:11:00 PM
From: LTK007  Read Replies (1) of 59879
 
Mark,because I am still holding from 16.67:) I am going to disagree,I look for other factors,and this case it is I expected weakness down the stretch Friday as many traders close out on Friday regardless--
plus it rallied after the deep dip off spike --also I do not believe one can play internet stocks by the book--also their is major over hang on this stock from 2 years back---hope I am right,but see a major run for this on Monday--will play it safe probably and look for 22 exit,and then possible re-entry at 18,and think it may re-surge to 25 sometime this week.(BTW,I do not dispute this is overbought-it is)
now how's that for a differing opinion-LOL.GoodLuck,Max90
Positive news factors going into weekend on P6 be the momentum man Louis Riley calling for strong buy at close Friday.News,faintly negative,T announced joint venture with BT which some foolish might think is a merger--and lock out of P6,which it isn't.
BTW,tight trading is rough for me,as I oft times can not be at my computer--so i have to view oft-times through wide-angle lens.
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