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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 (20466)2/5/2001 9:20:55 AM
From: stock talk  Read Replies (1) | Respond to of 59879
 
Mark-O- , Expecting our daily snow up here, today looks like it should be about 1 foot. I have a back up generator for our new house looks like its only a matter of time until its put to use.

As for the markets they seem to be as harsh as the weather here, might see something today in PVII, but I'm waiting for an entry point in IBAS, NSIL and maybe CPTL. I like them all longer term from a fundamental perspective. Just a thought.... hope all is well with you.



To: TATRADER who wrote (20466)2/5/2001 12:43:49 PM
From: T-Lo Greens  Read Replies (2) | Respond to of 59879
 
Mark - IRSN at your buy target, are you picking it up? I think I'm going to pass for now, maybe around $2.

INSP and MCOM I still haven't picked up either. TA doesn't really tell you the market reaction to a Sharon win in Israel does it??? :-)

Good luck to everyone!
Tony



To: TATRADER who wrote (20466)2/7/2001 10:58:13 AM
From: Shanker Reddy  Read Replies (2) | Respond to of 59879
 
Mark, is EXPE still a good short at 16 3/4 ?



To: TATRADER who wrote (20466)2/9/2001 7:25:25 AM
From: GTC Trader  Read Replies (2) | Respond to of 59879
 
EXPE - went short today at 16.75.

<< I think it will at least go back to the 20 day >>

You say your target is 13 - 13.50, but the 20-day MA is at 15 and rising quickly. It could hit 16 within a week, leaving me with only 75 cents profit! <ggg>

Looking at the one-year chart, I see two periods of sustained loitering around and below 10. They are roughly two months apart and the second one ended about a month ago. I see no reason that this stock can't revisit 10 over the next four weeks given my bearish outlook on the general market. Yes, I see some support at 13, but other than that, I see very little below 15 to hold it above 10, so a quick drop in the market could just hit my GTC which I just placed. I will try not to be greedy, but a $6.75 score would be sweet and I think I am safe as long as it doesn't make a quick break above 18. It is very likely to attempt such a break today, but I don't think it will close above 18. At best I see a double top forming and a temptation to reshort at 18. I would not be tempted, however, if the market was more bullish. If I am right about the overall market, then the risk-reward ratio is just right on this short.

Best regards - HB

P.S. WAVC - closed above its 20-day MA simple, and the 40-bar MA exponential of the 20-day MA simple on Thursday. Those two lines should provide support around 2.10 (cuz I drew 'em on my chart). Awaiting spike to 2.50, then plan to reload in this area.

P.P.S. HSAC - just noticed that my GTC buy at 1.625 came within 3.5 cents of being filled today, and the stock closed at 2.00 even (just above its 20-day MA) ! That would have been a nice 50% gain for one day, with more profits likely to follow. C'est la vie !!! : ' )