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

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To: SouthFloridaGuy who wrote (28591)4/3/2002 7:50:29 AM
From: TATRADER  Read Replies (4) of 59879
 
looks like target of 24.50 once 22.80 broken....SNDK..Will pass on it for now, since we focus on lower priced issues with greater percentage gains...keep hunting...let me know when you re-enter DROOY...We have been in and out of DROOY since 75 cent area, it is a stock that we like to know inside and out...Gizzard traders should have about 5-10 of these types of stocks that they follow and know trading patterns like the back of their hands..

For anyone who follows this thread...Let me stress one important point if you want to make it as a trader...It is a simple one that most of know....SET STOPS!! I went broke twice in trading because my pride would not allow me to do this...I always thought the stock would somehow come back, and I did not want to admit that I was wrong...The last 6 months, I have made more money than I have ever made before in the market, all because i set stops...

Example: AIRN is one of my 5-10 gizzards that I follow regularly...I took a loss recently on it, when my stop was hit..But that stop saved me from a huge loss if I were a buyer and a holder...

Have a good week....Wife is calling again, have to get dog kennel now into car....

Holding:
1.Lots of Cash
2.PVAT(rumor of Israeli helicopter deal floating around, that may have some substance, these government deals obviously cannot be announced for security reasons)
3.NUFO--cup and handle that oneday will move when Nasdaq comes to life....
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