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

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To: TATRADER who wrote (23055)5/29/2001 10:15:13 PM
From: NW_Trader  Read Replies (1) of 59879
 
Hi Mark,

Are you thinking that BLUE will play as a popper of old? Thought that < 5 stocks didn't develop the short interest to make good poppers, BWDIK? Good trade on AKLM.

For my part this was not a day to be long in the market. Spent the first hour or so closing long positions and opening shorts. Covered everything except NVLS by end of day, and did OK. I did rebuy a smaller portion of COSN for a .5 discount, scratched on ASTM (shouldn't have bought on FRI) and sold last of EFCX for a dime. Still watching HYSG, which didn't drop much today - got that out of its system last week while we held. LOL.

Looking to stay short in semis and some techs tomorrow. SUNW afterhours announcement and price action doesn't bode well for long positions tomorrow - and afterhours market indicators seem dour.

Peace and Justice --- Patrick
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