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: Rashid Garuba who wrote (4172)	10/22/1998 4:12:00 PM
From: TATRADER	Read Replies (2) of 59879

don't worry, I won't let it go to my head..I've been humbled too many times...Ok..I unloaded my original KMAG position for 1 1/2 at the close...Other KMAG position got 1 1/4....Now, tell me, if the stock had 2+ million volume, and is sitting on the neckline of a pattern, and it did not finish near its high, is it still considered a strong close if it holds 5.00 like a storm trooper?....In other words, should I have held 1/2 my position overnight...I know I will have my answer tomorrow...I have a lot of overhead in the 5.25-5.37 area, that is why I sold...But my Rashid fear is that perhaps the stock will gap right over the overhead and continue without me... Holding 3 stocks overnight: 1.TMAR 2.HMAR 3.PKD Sold PTEN for 1/8 point loss today, since it wasn't performing like other stronger oil brothers... Regards, Mark

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