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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 (25365)	10/16/2001 8:00:31 PM
From: NW_Trader	Read Replies (1) \| Respond to of 59879

Hi Rashid, Yes, a mid day tug of war, but as has become common, an end of day thrust up. Taking a chance, I reentered (and held) JNPR @21, TQNT @18, and AETH @7.65 (new one to trade for me). Kept waiting for QLGC to get back to low 35's, but no such thing and it went without me. Still holding VTSS (9.95) and RMBS (11) - risky with earnings reporting, but things looked good in afterhours and I think there's still a pop tomorrow. Then we'll see how NAZ 1750 to 1800 area gets treated (old bottom from early April). I'm expecting things to stall, but not necessarily reverse. Still one must be nimble so trailing stops and sell orders will be ready. First shorts may be in the semi equip and network groups - we'll see if tomorrow is the day. Will be looking for other overbought groups/issues tonight. Peace and Justice --- Patrick