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


To: stock talk who wrote (16960)6/13/2000 5:39:00 PM
From: NW_Trader  Read Replies (1) | Respond to of 59879
 
Frank:

Yes DSLN a good run, and perhaps harmonic balance for your going with the flow after NBCI.

I took profits on a part of the position to offset the loss earlier today (actually made a 1/2 since that block sold for 10 5/8 by some fluke; had another sell set for 11 3/8). I then tried to rebuy at 10 a few minutes later, but had no luck - next time call me, we'll do this like the old days before ECNs. <VBG>

Will check your stocks and offer what little I can after I download data later this evening. IFCI I used to play, but have let it go this year.

BTW, what 3d world economy will be getting its GNP boosted by your vacation? Do they have WEBS? ;-)

Peace and Justice --- Patrick



To: stock talk who wrote (16960)6/14/2000 3:46:00 AM
From: NW_Trader  Read Replies (1) | Respond to of 59879
 
Hi Frank:

FWIW (at this hour not much) here's a few thoughts on those stocks.

OMKT - Presently on about the 1st weak reversal point, and it did bounce off the 50 day SMA, but volume falling off and if it doesn't start up tomorrow, I'd look for a reversal around 15 7/16.

IFCI - today looked like the start of some consolidation; retracement to 18 1/4 area for next entry - watch out tho as there is that gap from the start of the month down around 16 1/2. If consolidates at this level, upside break out is over 21 7/8 on several M shares volume.

EXAP - watch out, penetrated 50d EMA, at 50d SMA, has done a 50% retracement of major move, but gaped down and volume is falling. I think it has 3 - 4 points to the downside still.

Hope this helps - its all based on end of day data; did you see some tape action or otherwise intra day that led you to these? Like many, they are well off the March highs.

Good trading -

Peace and Justice --- Patrick