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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 (25502)	10/25/2001 1:43:21 PM
From: NW_Trader	Respond to of 59879

Hi Rashid, BUSHWACKED?? Try my HLIT trade (AH entry @ 10 yesterday), today's open @ 7.15. I scrambled and put in double MO (rare for me) bought @ 7.01. Sold about 15 min later on the bounce, didn't break even, but a lot better than down > 25%. Good going on QLGC, I'm standing aside on it for now as I missed the morning action and think that we're near resistance. Will continue to watch today, it is a great trader. Sold today's AMCC @ 13 (from 11.45). Watch for retracement (about 12.5) and reentry. Sold RMBS for .25 - would like to get this < 9. Peace and Justice --- Patrick EDIT: Here's what popped AMCC, from briefing.com:: Hearing trading floor rumors that JDS Uniphase (JDSU 9.27 +0.20) will make a bid for AMCC; rumor sounds a bit dubious as AMCC is a supplier to JDSU and this would represent a move outside its core market, but the talk is nevertheless making the rounds today. Caution on playing retrace. Further EDIT: VTSS waking up.