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

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To: Bart Hoenes who wrote (32198)8/6/2002 5:07:28 PM
From: Mike Sawyer  Read Replies (1) of 59879
 
Don't let him fool you! Scott is a mean ol' nasty market maker. LOL! Just kidding of course...his prediction is quit amazing...especially since he claims to make them by the seat of his pants. LOL!

I made a prediction today that ILA would close near unchanged and allow me to sell at a profitable 5.71...about 5 mins before the bell they suckered me into selling selling at 5.60 for a loss...only to turn around and within 15 seconds of my selling 5000 shares, walk it right up to printing at 5.72...and it closed at 5.71. I swear that those market makers and floor traders are the smartest weasels in the world! I can only hope that one day I will be as smart as them. They can play you like a fiddle...taking you to the emotional brink of just giving up...and then as soon as you cave in they do exactly what you knew they would but it's to late you booked a loss. ARRGH!
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