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

To: NW_Trader who wrote (24922)8/31/2001 2:19:25 PM
From: Rashid Garuba  Respond to of 59879
 
Patrick,

True.. things like SLNK and HLIT (from the chart you'd swear this was not a tech stock).. and IPO stocks that have survived the carnage.. Software/storage will probably produce the new leaders..

got stopped out of all shorts this am.. Long GSPN mid 15's.. probably exit Tuesday. Couldn't get myself to go long QLGC on a swing basis.

Rashid



To: NW_Trader who wrote (24922)9/4/2001 1:00:48 PM
From: Rashid Garuba  Read Replies (1) | Respond to of 59879
 
Pat,

Went short QLGC $31 at Nasdaq 1835.. I see at best 20 more Naz points.. at which QLGC could try high 31's.. I don't mind the risk/reward here. In my terrible opinion (not to be used for trading), QLGC has a date with April lows.

On a daily basis there is always good and bad news.. depending on sentiment/technicals, markets choose which to embrace.

Rashid


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