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

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To: TATRADER who wrote (59234)1/9/2008 6:52:26 AM
From: lexi2004  Read Replies (1) of 59879
 
Hi Mark,

I'll have to check the posts to me more often too. I've been playing puts and shorts of higher priced stocks so haven't been reading or posting on the BBs much.

I still hold AGT, CALVF, LNXGF, and have thought about re-entering CGLD. I'm not in PMU but when doing charting it got my attention due to all the green for CMF. That's something AGT has had. PMU is at 1.14 now and there is a TL that points to 1.50 as a potential target.

If I come up with any additional picks, I'll post here to you.

As you know I do a lot of reading and had a book the other day that quoted Charles Dow as saying something like this - The greatest profits are made by buy/shorting at the extremes and holding for months to years.

I do a lot of shorting against the trend after a stock has had an excessive run and that's not always the easiest play but it can be quite profitable when you hit it right. I was looking at a chart of CROX this morning and was thinking that would have been a perfect example of what Dow was saying. It truly would have been a wonderful LT short.

Lexi
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