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

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To: TATRADER who wrote (3195)9/19/1998 4:31:00 PM
From: Pullin-GS  Read Replies (1) of 59879
 
Wise move......HEB falls in that "short-the-news-run-biomed" that I posted earlier about. Did not short this one since it trades on AMEX (..not enough volitity), and besides the best/quickest downside from mid-9s has been seen already. I expect it may see 5s sooner that it will see 10s. Time will tell.

ESTI got their news as I anticipated yesterday. Some selling was experienced into news. ESTI never reached my short point (yet at least), so I sat out.

USWB showed some weakness yesterday and some strength going into close. Could be a top? Could be a bear-trap? Not sure enough to open short on them (especially going into a weekend).

Popped in and out of XYLN a total of 3 times for a very profitable trading day yesterday....I believe I shorted USWB (forgot) once as well for about 1/2. No other trades yesterday.

For the most part am cash now in trading account....I hear that a new video is being released this weekend that may influence markets? ;-)

Regards....
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