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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 (12131)12/11/1999 9:01:00 PM
From: Rashid Garuba  Respond to of 59879
 
Mike,

One trait that a trader will do well to tattoo wherever he or she can is one of unfaithfulness.. showing even more that good trading requires us to do the opposite of every human emotion as well as what we have been taught. "Trade what is moving as a group".. small caps woke up a few weeks ago and have been delivering wicked gains. The Networking/communications & wireless/B2B nets are where to spend time lately.. and LINUX of course.

I simply screen for relative strength, volume, and ADX then look for patterns that work. The price of the stock not too relevant to me as long as it is over $3. As you see I traded CMRC and ZITL in the same week. I have not touched a BB since Summer 1998. Recently I looked at all the BB's that were supposed to become blue chips.. and lo and behold they are still where they were... and the same group still is expecting "news". It was nice trading 1/2 mil. shares of a stock though<g>

Rashid