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

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To: TATRADER who wrote (694)6/1/1998 11:57:00 PM
From: Carl Worth  Read Replies (1) of 59879
 
Mark-

You were right on LAKE, opened higher but couldn't hold it, still looks like a good long term holding, as I said, doesn't have enough volume to be a trading stock, especially in this fairly weak market.

TRIBY tried to move out, but pulled back as well, worth keeping an eye on I think, low risk entry point here based on 50 dma, again a lot depends on the market, even good breakouts are having a hard time getting going it seems, i.e. IFCI. Bought that one last week and thought it was a sure 2 points, ended up taking 1/2 a point and being happy to get that, now it's back in the 6's last I looked.

Carl
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