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

To: T-Lo Greens who wrote (20397)	1/31/2001 2:32:23 AM
From: NW_Trader	Respond to of 59879

Hi Tony, Well, I'll admit to still owning 1K of ECHO (from years ago when I played with real gizzards and traded another 4K for several points). Keep it as a reminder to sell all of these illiquid gizzards that pop to > 3x purchase. Today I'd be about 20% of the volume if I sold. ICOM I traded as well, but fortunately sold on that pop you mentioned. Try to stay away from most of these now unless they trade > 1M for a while (like PSIX). ECHO's broken out of the downtrend, but can it head back up? Looks like it wants to try, so may be good for a bit of a pop. I may watch for a couple days as the price & volume pattern looks promising near term, but after that me know if ECHO's volume (and price) wakes up. Peace and Justice --- Patrick