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


To: nutxspirit who wrote (24613)7/27/2001 12:57:50 PM
From: NW_Trader  Read Replies (1) | Respond to of 59879
 
Hi Pat,

Hurt to the extent of giving back profits, again. Sold the open when it looked to be below that vicious spike down late yesterday. Still a profit, just less so. Just heard some talking head on CNBC (fund manager??) tell a caller that he believes LVLT could go bankrupt, along with a lot of others in its space. BWDIK.

Covered NVLS on open as well, again giving back too much potential profits. Still +6 points, but let almost that much get away too. Got to stop having opinions about the market and just trade what is.

Rest of stuff isn't making me happy either (except for STEM and ASTM), MOVI doing some sell off as expected, but not enough to reload yet. I may go flat in the trading area and take a day or 2 off. Did grab a little SBUX on the AM bounce and got .6, but not feeling keen about trading today. Tried to play KLAC up and down and missed fills both ways. It's now getting to 53 again, so may try for another short, but will wait to see if today's high looks like the top.

Peace and Justice --- Patrick

P.S. (Can I turn in that Gizzard Trader of Week title? - doesn't fit very well. LOL)