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

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To: Howard Shlom who wrote (8250)4/21/1999 12:46:00 PM
From: TATRADER  Read Replies (1) of 59879
 
hi Howie, WCAP was a popper...The fast stochastic 8 period was below the 20 line two days ago..That put buy area in the 30-32 area...Now you are experiencing the secondary spike...I would follow with trailing stop, and look to exit in the 42.00 area..As you know,99% of the time, I don't care about fundamentals...Howie, I am still red hot, and waiting to cool off...Finally,I am becoming very deliberate in every trade I make...Only giving wife 10 stocks to look at each day on her screen helps too...Regards, Mark
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