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

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To: TATRADER who wrote (25773)11/14/2001 12:30:54 PM
From: NW_Trader  Read Replies (2) of 59879
 
Hi Mark,

Looking forward to a bit of diversity. Nice trade on ARTG.

I bought LVLT on the open gap over 5.5 resistance (did you look at any of those I sent?). Looking nice and will take partial profits at preset targets/resistance.

Sold AMCC @ 22.10, gives me some breathing room on VTSS short which I entered too early yesterday, but is working out OK now, just not as profitable (but trapdoor @ 12.75 is waiting). Comm ICs are breaking down from recent run.

Short EMLX @ 27.3. SBUX reports tomorrow after bell, have to decide how much risk to take there, perhaps call Howard for heads up <VBG>. Still short DRIV (no longer underwater), watching others to short. Think the bloom is off the rose, Art Cashen on CNBC commented early that institutions are slowly selling and taking profits - now why would they do that?? <gg>

Peace and Justice --- Patrick
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