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

To: Shanker Reddy who wrote (12155)	12/13/1999 10:48:00 PM
From: TATRADER	Respond to of 59879

out of PETM for 1/2 point, out of CSRE for 1/4 point, but still watching CSRE for a break of 5 1/2 on the bid... I think CSRE has VRTL potential, they have been releasing some good news lately, but the market still doesn't believe they can keep it up...CSRE is a spike with a ledge formation with neckline at 5.50 on bid..We move above 5.50, on some real volume, I get interested again... Plan to play SBAS as a popper in a few days..Should be a nice bounce if it cooperates...Want to see SBAS get back to 7.75-7.50 before i feel risk may be worth opening another position...Realtime RS and Stochastic have to cooperate as well..Have had 3 good trades on SBAS, and hope to continue...You know, all this pressure around the house has made me even more focused as a trader...I now am selecting fewer stocks to enter, and the risk reward ratio, needs to be highly in my favor...As my buddy frank says, "I like to buy a stock at a point, where if I am wrong, I get out even or with a very minimal loss"...I have to be careful right now since i have had 9 out of ten successful trades in the past several days...Time when I usually am prone to making mistakes.. Here are some from my Tuesday watch list 1.ALMI 2.BEOS 3.MWHS 4.RSTO 5.TOPP 6.REL 7.NTPL(frank special) 8.NTRX(potential popper, will watch if she makes a new low tomorrow) 9.ADSX 10.BI 11.ISEE