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: JACK R. SMITH JR. who wrote (16225)	4/24/2000 9:03:00 AM
From: stock talk	Read Replies (1) of 59879

Even considering I got stopped out of AZTC for a $6K hit, I am very bullish on the stock.(currently have no position but will re-enter at some point) Anytime I take a loss that is a higher percentage than usual of my total investment the way I respond is to ask myself what was it that my friend "the market" was trying to tell me that I didn't hear. In the case of AZTC, I underestimated the overall general market downward (trend or biases) effect on AZTC. I also ignored several short selling rallies as well as the amount of margin buying that had taken place in the stock as well. I had reasoned (incorrectly) that the fundamentals would support the base between $5-$6. I was wrong and when your wrong in the market, the market will always extracts a price. I was-it did. One of the things I love about the markets is they are great teachers. Mr. Market thank you for the refresher lesson, please consider the funds extracted from my brokerage account as tuition paid.

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