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

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To: TATRADER who wrote (26192)12/4/2001 6:13:13 PM
From: NW_Trader  Read Replies (1) of 59879
 
Hi Mark,

Will keep watch on CFLO, it may have filled that double gap from mid OCT and early NOV. Watch for the volume to start stepping up. AVCI may have put in bottom today - mentioned in connection with others as possible beneficiary of Sprint (FON) capex spending. See if there is follow thru tomorrow.

As promised the puppies, my only gizzard trade for the day was SSFT - still holding. Also bought (in first 30 min or so) VTSS and CNXT when held their gaps and PMCS when held above prior close. All did well for the day so took them home. Flipped EXTR for a buck. Still in HLIT and SBUX - both on track in their trades. Watch AMCC, it was the laggard today and may move tomorrow. DRIV getting back to short target entry, couple points downside when it breaks.

Lot of good gizzard movers today: NMSS, ARBA, CORV, MRVC, NOVL, BKHM and others from last week's lists. But a promise is a promise so stayed with only one. Will have to have a talk with puppies tonite about loosening the rules if NAZ can break out above its 200 d MA - about where it closed and an area of resistance. If the NAZ is going to stay in channel, it will have to push higher this week.

Peace and Justice --- Patrick
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