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

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To: GTC Trader who wrote (52269)12/15/2005 4:06:41 PM
From: TATRADER  Read Replies (1) of 59879
 
The strategy is make the plan, follow the plan....My plan was to set a stop at 8.25, move it to 8.65, and wait for the stock, sometime Thursday during the meeting, to move to target area of 10.50-11.05....When it went sideways, and failed to close near its high, it did not follow the plan, so I had to bail....

Realize I did enter this stock for the 3 stocks on Fire December contest, so it is still in the running there...Just no personal money in the stock at this point....Good luck, it is still a stock that is oversold, IMHO, has good fund backing, and more products in the pipeline....

Technically, it should recover sometime to the 11.00 area, at least...

Regards,

Mark

Held SNUS overnight.....
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