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


To: GTC Trader who wrote (12193)12/15/1999 4:27:00 PM
From: stock talk  Respond to of 59879
 
Ahhh... just got back been out most of the day at a luncheon, looked at NTPL and just laughed. I'm only holding two stocks right now, 6500 shares of NTPL with a cost basis of 7 1/8 and my token purchase of 500 shares of CSRE.

I don't believe in using stops most of the time, for this exact reason (todays trading of NTPL). I wasn't here watching the tape so I don't know what happened, but my gut reaction is shake out before news or some T/A could be responsible (had to close the gap from 12/3 ??)

Either way I'm still long and not worried at this point my only regret was I wasn't here to catch the bottom.