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

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To: Rashid Garuba who wrote (13939)2/4/2000 12:47:00 PM
From: Charles J. Wajciechowski  Read Replies (1) of 59879
 
Rashid,
I usually 'stalk' stocks as stock talk suggested earlier. Every so often I branch out of my comfort zone as I did with MCLL. The losses are acceptable since hopefully I use these experiences to adjust my behavior in the future.

My basic style is to only purchase stocks that I would not mind holding for a year to get the return I am expecting, however if it hits my expected return earlier (possibly the same day) then I 'may' get out at that point.

In regards to MCLL, I looked at it last night and decided that it did not fit into the hold category....but trully got caught up and took a shot. I guess that shot missed since I was hoping to play it for a couple of hours.

I wish I didn't have a full time day job, then I could put the time into the short term traders scenarios.

Good luck .....

BTW - Does anyone have a TA opinion on whats going on with BNTI?

Charles
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