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


To: Mike Sawyer who wrote (12080)12/9/1999 6:35:00 PM
From: stock talk  Respond to of 59879
 
CSRE is one of a limited stocks I don't understand its trading pattern,(the rest I understand all right I just can't trade them <gg>) however it looks like its getting ready to move. The best I can tell is the $6- 6 1/2 range. If its the institutions, watch it Friday afternoon. Pros buy late in the day and late in the week.

Any and all T/A advice on MWAR welcome.



To: Mike Sawyer who wrote (12080)12/10/1999 5:39:00 AM
From: NW_Trader  Read Replies (1) | Respond to of 59879
 
Mike:

When a buying a ripe banana is a long term investment, you tend to miss some great moves.

Before becoming a short term trader, I used to sell 25% to 50% of a position when it seemed to stall after moving up, and not sell the other portion unless it broke a long term trendline or lost a sizable percentage of the gain. As I look back on both those swing positions and the many short term trades this year which have gone on to double, triple or more - I realize how much I've left on the table by failing to let my profits (or a portion of them) run.

Money management is my next objective to improve on. Van Tharp has some interesting suggestions on the subject, but we all can share thoughts. Like you, I exited a sizable position in VRTL. If I'd held 30%, I'd be driving a new car with vanity plates that said VRTL. Oh well, I wasn't holding OXHP or BREX or VISX when they tanked, so perhaps it evens out.

Tomorrow's watch ELOT, BWTS, BIOM, DDIM, MCLL, ALLP ATIS, RACE, ADRN (first and last 2 may pop a bit).

Peace and Justice --- Patrick