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

To: Rashid Garuba who wrote (25330)	10/15/2001 10:51:59 PM
From: NW_Trader	Read Replies (1) \| Respond to of 59879

Hi Rashid, I guess JNPR did do the "thing".. Indeed it did, and yes I did get some of it, but just didn't believe it would get > 20 so fast or I'd have just held from <10. As it was I only got about 7 of those points and the last position was an undersized one to boot. Have new mantra to repeat now, "When Rashid says there's a pop of several points, don't doubt, just buy." LOL Gave back a bit of profit in VTSS and HLIT today - got back home very late last night and wasn't really ready to trade anyhing else today, so took it easy. Missed an opp with RMBS that I've been stalking for some time, but so it goes. I've been using various trading signals, more than any one system of late. Prepatory chart study for pivots, support and resistance, breakout points and then 3, 15 or 30 min intraday charts (depending on the stock) with 5 period VWMA and 8 and 21 SMAs and a 5,8,3 MACD (very responsive, almost like a stochastic). I prefer to find a trend of at least a couple days, but that's not always available these days. Wish I could say I only take a particular signal, but I've missed too may moves waiting for signals, so often am still looking at the size of bid and ask to build as my trigger. Peace and Justice --- Patrick