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

To: TATRADER who wrote (16177)4/19/2000 7:29:00 PM
From: Mike Sawyer  Read Replies (1) | Respond to of 59879
 
Hi Mark! I'm with ya on the retest of lows. I'm all in cash again. I have only ventured out into 1 trade this week. Bought 3K IDX at 11 15/16 average and got 2 3/4 points before I chickened out. I left another 1-2 points on the table but I can't cherry pick the tops in this market...they will wax ya good if they get a chance.

I'm probably going to sit out tomorrow and just watch the action...I think that a lot of people might be heading to cash for the weekend and I don't want to get in their way. I'll just wait and see what next week brings. To many people are already beginning to think that this correction is over. I don't believe that the bear is done.

Cheers!



To: TATRADER who wrote (16177)4/20/2000 9:54:00 AM
From: YxY  Read Replies (2) | Respond to of 59879
 
I see the pattern on QQQ you may be right and I have the sell button at hand. On the other hand <G> a lot of put have been bought so we could have a good day today as underwriters would like to push them out of the money. Market is at the cross road


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