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


To: Smiling Bob who wrote (20199)1/19/2001 10:17:38 AM
From: Rashid Garuba  Read Replies (1) | Respond to of 59879
 
Shorted DIGL 49 3/8, stop just over day's high. Usually I wait for stock to trade below open, but early December peaks and mid october congestion should hold this 50 area. Not to say I won't get kicked out, after all this is January. If that happens, next short area is high 50's. Will mortgage house and short it if it goes there <g>.

All that said, I am probably one of those fanning it's flame.. shorting before reversal.. These are the kinds of things traders that have done well recently do.. At least I have managed it ok,.. small position, and controlled risk with proper stop.