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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?

To: majormember who wrote (10669)	8/13/1999 1:11:00 PM
From: TATRADER	Read Replies (6) \| Respond to of 59879

Steve, I shorted CLX at 110 1/2..Technically it was a dog, bearish divergences all over the place..But my stop took me out at 111 1/2, so I lost 1 point..I could not figure out how it was being taken up day after day to its eventual high of 115..Now it tanks 30 points, and I am not there to profit by it..I learned a few lessons on CLX, one was to wait until you are sure the trend has reversed..It was like a clock, ticking up a point or two every day...I jumped short while clock still ticking up...Right now I have a similar situation with TIE..Do I stick to my guns on eventual breakout because of the pattern, or do I allow a stop to take me out....Normally, if I was here around the clock, the stop would take me out, and I could reboard on break from 13.25, but I am not always around as you know....Take care...Mark