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


To: Mike Sawyer who wrote (25916)11/20/2001 11:32:08 PM
From: NW_Trader  Read Replies (1) | Respond to of 59879
 
Hi Mike,

No sweat, glad you're back around. What did you trade today?

Here I dumped 1/2 the MRVC @ 5.9; waited too long for that and gave back too much profit on remaining position. Also kept the PRSF, another poor choice given the sell off. VTSS short finally started to come thru (but still holding) and I got short AMCC (@ 15.10) and PMCS to go with it, then covered the PMCS for 1.5. Had to leave for a meeting just after the market closed, so was rushed the last hour and at the close and didn't get to see the post market action but think that staying short on the light volume tomorrow may work out. Still long in CFLO - and making excuses for it not staying over 2.50. Not good. But stayed long HLIT, it held up better, perhaps because it tanked so bad several weeks back.

AVNX is a good example of the importance of following a trading plan. I sold yesterday when it couldn't hold over 9, although I thought it had good shot for a fast run at 12. It really tanked today. Hope CFLO doesn't teach me the same lesson with real cash tomorrow.

Peace and Justice --- Patrick