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


To: NW_Trader who wrote (26092)11/28/2001 9:48:36 PM
From: Rashid Garuba  Read Replies (1) | Respond to of 59879
 
Pat..

ONIS.. like you, all I was focused on was treating it as a long.. Happilly broke-even out of it but forgot to short the thing.. Yesterday's Nasdaq candle, especially after a multi-day run-up was a shoe-in for a descent today. There was probably a comment or two that hurt ONIS also as AVNX also suffered..

As far as stocks, I have about 35 stocks that I focus on to scan, plus a very stingy scan on TC2000 that picks only gems, short or long. it picked out.. ISIL, XLNX, SMTC, LSCC, KLIC, IDTI, CCMP as shorts today.. Unless I don't have something worthy on my 35 list I usually just browse them to inform me of what's going on generally.

TXCC looked a lot like SCMR and ITWO, pattern-wise.. just have to know when the party is getting old. In addition to FDRY and PMCS, TERN (great uptrend) and INKT are the other shorts I picked.. Haven't done much with QLGC lately.. it swings in very large ranges but lately is just mucking around.. some folks just can't let a stock go.. but in time it will.

Don't do FFIV much due to volume although it looks like a go swinger. EXTR.. surprised it stayed as strong considering NWX weakness.

Since I am short I bet Bin Laden is captured tonight and confesses to everything<g>..

Rashid