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: majormember who wrote (8165)	4/18/1999 1:43:00 AM
From: Dale Baker	Read Replies (1) of 59879

I get my L2 free from E*Trade but if they dropped that tomorrow I would pay whatever it takes. You will see a whole new world when you have it. For example, on Thursday I watched YHOO tick down to the low 170's. I had April 175 puts which I assumed would expire worthless. Suddenly they were worth something. Then YHOO hit about 172 and the weight shifted to the bid side. I put in my sell order and got $4 apiece for my contracts. YHOO closed that day at 190 or so. VVUS was a clear picture too. Lost of folks lined up to sell on the great "news" - probably overhead as Mark would call it. Reminds me of RACE, which I have shorted successfully three times this year.

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