TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... Message Board

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

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To: Keith Monahan who wrote (11363)	9/28/1999 4:29:00 PM
From: WHL	Read Replies (2) of 59879

I admire you guys who will go straight into the teeth of a $20 an ounce move and short gold stocks. My strategy was more basic. As gold crested, most of my other stocks hit a bottom. Some of the stocks I exited to buy gold, I re-entered after their decline this morning. CLST (reports 3rd Q earnings tomorrow) recovered its 1/4 point drop, JAWZ (had a fire sale at 30% 0ff) recovered also. I doubt that CLST will disappoint tomorrow in any significant way. It gave no earnings "warning". But even if it does- the reported P/E on the stock will still drop from 33 to 10. And with the following quarter it will drop to 6 (if the price hasn't appreciated by then).

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