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

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To: freelyhovering who wrote (13621)1/27/2000 8:33:00 AM
From: TATRADER  Read Replies (1) of 59879
 
myron, I have part of me, that says, make sure the majority of your portfolio is in cash, because the stock market bubble is going to pop one of these days, and holding a stock with a PE up in the heavens will be the first to be sacrificed..When that day comes, I want to have the greater portion of my portfolio in cash...Plus, my overall strategy now is to take home money each week, and give it to my wife...If it just sits there in a stock, she holds out her hand and I give her nothing.....Finally, VRTL got ahead of itself..I had a target of 20.00(which it exceeded)...
Perhaps when it gets back to 13.00, I may re-enter...

Everyone, keep on the lookout for the powerspike cup and handle pattern...I will privately TA anyone who finds such a stock...If you want an example of one besides VRTL take a look at WRLS..WRLS gave a TA hint of another 7 point move with the lovely cup attached to the pole...

Have a good day....Mark
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