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

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To: TATRADER who wrote (22918)5/24/2001 4:45:49 PM
From: NW_Trader  Read Replies (1) of 59879
 
Hi Mark,

Great trade on BLUE. Hope your profitable prophetical propensities (say that fast 3 times <GG>) continue, esp. for COSN. And BTW, graduation congrats to your daughter.

Meanwhile I'm out of today's position of HYGS for scratch - very disappointed and irritated with that dog - still keeping a curiosity position that's underwater now. Did keep EFCX, but nervously. Still bothered by how I fumbled CMTN trade; profitable, but slippage cost me.

Covered NVLS short for 1.8 with returning strength in SOX. Took ASTM home but will watch for AH activity - I recall with fondness getting several points AH on ASTM when it started to run on prior occasions. Was about to sell CAPA at end of day, when it popped again, strange activity there.

Reading note for all - if you didn't see it, the Tuesday IBD Investor's Corner (on front page) had a nice description of the SGCH (successful gizzard C & H play of the past month, tho not so named by IDB) - may help to ID other stocks with such setups as they may be more likely to be in play, but greater care on taking profit will also be necessary if this gets too successful. Not all revealed as MA on price and stoch not discussed.

Peace and Justice --- Patrick
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