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

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To: TATRADER who wrote (7680)3/17/1999 7:21:00 AM
From: dealmakr   Read Replies (1) of 59879
 
Hi Mark,

Crude up currently .24, a test of $15 coming?
Globex S&P down 2.40

FLYR spiked yesterday on IFLY runup and exited 1/2 of position. Still like it, but a trade is a trade. NEWZ has had great price swings lately for scalping potential. LVLT has become my favorite intraday trader, has been swinging 2-3 points a day. Mike and I are in school on this one. EGAM has been my disappointment, but will play out the hand. Sold 1/3 of MRL LEAPS @ 3 1/4,kept 1/3 long and opened a credit spread by selling the LEAP 10's @ 2 to hedge. All capital out and downside protected with still the ability for further gains on the upside. NEM also on the watchlist.

Good Trading

Dave
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