TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... Message Board

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

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To: Eagle who wrote (54243)	3/31/2006 11:03:09 AM
From: TATRADER	Read Replies (5) of 59879

eagle, NGEN is resting...the two breakouts from a long downtrend have been broken, a new uptrend has begun...I am not flinching with my 10,000 shares at 3.20...I am looking to book 6-7K on this trade in two weeks...I can wait for that....The pattern is there, the volume is there...also looking to book 2 pts on 3000 shares of NVAX in next 2 weeks.... on the otherhand, I will give CESI 5 more days...Usually if the marketmaker is going to cover, he does so in 7-10 days... Once in a while, the marketmaker is justselling shares for larger entities, so there is no need to cover the positions, because the shares are already taken care of....I am betting that there will be a cover.. Have a good weekend everyone....

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