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

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To: majormember who wrote (8450)4/28/1999 4:17:00 PM
From: TATRADER   of 59879
 
skane, you are a titan of bravery...Burned by brother BVRTF, but willing to relight the torch..Reminds me of our LOCK experience, burned but then re-invigorated....

Decent day today
1.Sold CMNT for 1 point(Level II saved wife on this one, she got out at 19 1/2)
2.Sold PTEN for 1/4 point..(probably should stick around, but always can return tomorrow)

90% cash and holding ASL...You guys and gals watch, this one will pop...You may make fun about the lack of volume, but give her a couple of days to rumble..Top of neckline is 8 3/4..We hold above that tomorrow, we move to the 9 1/2 area next...

P.S. Had to straighten out Jeanne today on Level II..She thought that a buildup on the right side(ask side), meant price was going up...Had to inform her that the build-up on left side, means price going up..
Good we got this cleared up before anything serious happened..
Of course we know how the Marketmaker puts up smoke screens to do just the opposite...GSCO uses INCA to show size on the ask, while GSCO gobbles shares on bid..This detective work is quite interesting...

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