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


To: GTC Trader who wrote (25804)11/15/2001 4:18:17 AM
From: NW_Trader  Respond to of 59879
 
Hi Ken,

Will PM tomorrow on things as I can. Do not close the door to all longs. Yes, FLSH and more than I care to recall, didn't get traded and moved on up. Now the trick is to be nimble, so if FLSH can go to 12 from here, I'd be happy to be long. Take a look at the others I posted earlier - all are long plays. Short candidates I posted at end of last week, I belive -

FWIW, at the moment the NAZ 100 futures are trading +5 to the NAZ fair value. NIKKEI 225 is up 4%. I'm off to bed for some shut eye.

Peace and Justice --- Patrick



To: GTC Trader who wrote (25804)11/15/2001 1:39:06 PM
From: NW_Trader  Respond to of 59879
 
Hi Ken,

What else would you like to know ??? : ' )

Oh, how bout a list of stocks that will double in value by next Tuesday from tomorrow (with price and time of tomorrow's low and Tuesday's high). <VBG>

FLSH should have been a short, looking at today's trading, but I think this may be a sleeper in a correction, like ESST (which I failed to trade, just watched the past 2 weeks for correction that never came). 9.5 area is bottom of current channel, FWIW.

Update to SIRI, my play of the day. Stop loss took me out of another 1/3 at 5.85 earlier. My (mental average) cost is now 1.75, so may let it ride to see if it will run at end of day like LVLT did yesterday. It did a .618 retrace and held, has traded back up to the .382 retrace and now hovers above the .50 line (after testing). Probably won't play further, will hold remaining shares for longer swing unless today's entry taken out. Keep this one on a watch list for further plays.

AMCC still trading nicely up in its channel and contrary to the direction of VTSS, tho VTSS stubbornly trading sideways at center of its channel. Hangman keeps retying his knot - aren't there supposed to be 13 turns of rope in a noose? [or is that just superstition?]

My TXCC entry may have been a bit early, volume isn't showing up like I'd like. Haven't spotted any shorts worth my money, market still propped up, CNXT just had minor pop, possible predicate to bailing? Watch that as it approaches 15. KLIC on break down of 18 might work.

Getting time to sleep is easy - just have to learn to trade in your sleep <VBG>. Stay up at night picking stocks, watch the open and then ... (those that can't do, teach, they say).

Peace and Justice --- Patrick

EDIT: Stop on LVLT took out yesterday's remaining 6.5 position for .50. Still have original entry, but getting close to sale too.