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

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To: Pullin-GS who wrote (7745)3/20/1999 12:52:00 PM
From: Pullin-GS  Read Replies (1) of 59879
 
Mark,

When I mentioned there was plenty of room for growth in oil, I did not mention that it was at a cost of stability....these stocks could dump on any bad press on a moments notice back to low levels and below...I will NOT HOLD over the weekend...that is why I sold. I evaluate my positions from day-to-day based on momentum, futures, press, market emotion, and fellow traders. Not much TA here at all except for my target, which was met, and passed....twice. I did not take a position at all last week. My capital was tied up in CSCO and INTC and other stocks that I could walk away from while I worked.

On another subject I bought into a "hope" stock this week (small) called USPN...stupid....may go, probably will not....we will see. Paid a hair above 3 3/8. USPN is US Pawn....they got on the Internet band-wagon recently...seemed cheap. The public really hasnt found out....hoping for a pop.

Regards...
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