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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 (20197)	1/19/2001 12:07:53 PM
From: pete2	Read Replies (1) \| Respond to of 59879

HS (charles electronics) reminds me to stay away from stocks like etys which have probably done everything to file bankruptcy but sign the papers. i used to trade hs in the 20s. later i found it after it fell on hard times and i traded a couple of times at one buck and they filed bankruptcy just after my last buy. only had 2k in it, but after commissions i think i got 3 bucks. hehehehe but it might be like the old vrtl dog and try and come back to life and make you very happy...... later, pete

To: TATRADER who wrote (20197)	1/19/2001 10:16:56 PM
From: JACK R. SMITH JR.	Read Replies (1) \| Respond to of 59879

Trader and all, My sense is that we are at the top of the declining channel on the s&P 500 here, may flop around for a trading day or two, but do not expect channel break here and then looking for the bottom as I have said around 1250 longer term. Beyond that, we will have to wait and see. The money to be made here is in the realization that we are in a declining market and sell dear and buy cheap with the incline in mind. Regards to you and all, Jack