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

To: JACK R. SMITH JR. who wrote (16088)	4/15/2000 11:15:00 PM
From: stock talk	Respond to of 59879

Thanks for the welcome, I think. Anyway, FWIW, I left an open stop on AZTC and took a 6K bath. I had fully expected and think I posted that as soon as the first big name company disappointed on earnings (I think MOT did on Monday) we were going to retest 3650 on the NASDAQ. If it held we would be ok and the old low's of the first sell off should not be violated, if fact I expected not get to old lows if 3650 held. Therefore, I had a stop in on AZTC at $5 1/4, figuring if 3650 didn't hold, I didn't know where the bottom would be. I cost me 6K to find out, not a problem, I think this could be the best trading position I have been in, in over a dozen years.