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

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To: TATRADER who wrote (19784)12/31/2000 4:10:28 AM
From: GTC Trader  Read Replies (5) of 59879
 
CSCO looks like a good short around 40 - agree?

I am currently short SEBL and PSFT - any comments?

I am also fortunate to be long CNX at 19. That was ~ 7 trading days ago. It is now at 28. I don't want to be greedy, but this is an Energy stock with legs, so I think I will let it run a little more. 30 looks like a reasonable target (20 - 10 + 20), but there seems to be a great deal of buying pressure and the trend sure has been my friend the last 5 days. Do you know a free website where I can get the ADX on this (and other stocks)? TC2000 doesn't offer that indicator and I have seen it work so well for you.

Disclaimor - The above is NOT representative of the rest of my portfolio, unfortunately, and I didn't short either PSFT or SEBL near their recent highs, but both are positive trades at this point.

Feel free to ignore this post if you are too busy.

Happy New Year and may God richly bless you and yours in 2001!

Best regards - HB
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