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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 (26114)	11/29/2001 3:15:07 PM
From: SnowShredder	Read Replies (2) \| Respond to of 59879

Hi Rashid, I wish I could say that I enjoy your company, but in this case I'm sorry that you joined me in the poor money management boat today. With that being said, the day isn't over yet, so maybe we can fight are way back to even...by using great money management : ) Stopped out of AVGN...only long HAND & NVDA (going into SP500 @ today's close). Best of Luck, SS

To: Rashid Garuba who wrote (26114)	11/29/2001 6:19:25 PM
From: NW_Trader	Read Replies (1) \| Respond to of 59879

Hi Rashid (and Collin), I'll jump into the trader talk and vote for funky market and poor money/position size management. Plus overtrading, in my case today. Not many of my low down gizzards (LDGs = < 5) from scans worked (until later in the day after I quit watching a few popped). Think that I'll quit trying them for a while and go back to the stable. Dumped CFLO with a premarket order, executed intra day - this non performer wasn't earning it's keep, lost more than I should have on it. Still have TXCC, but only for a couple more days to see if it moves (provided it holds > its TL and 50 d MA). Day started great with CNXT gapping up about a buck - I sold and tried to fade the gap when I saw how fast it was dropping in the first 2 minutes - no luck, I just kept chasing it down for the first 1/2 hour. Finally quit trying to short, but ended up flipping it several more times during the day - for quarters, scratches and losses of a dime. Not smart. I did manage to get back into HLIT for a discount of about 40 cents, and continue to hold - this is a channel TL and S&R trade. Planned to sell at 12 today, but it didn't quite get there. Also flipped FFIV for a buck, and EXTR for .75 (again couldn't move fast enough to short it on the early drop so played the bounce). Rebought ITXC again and sold for another .75 like yesterday. Looking for ??? tomorrow, just trading day by day and thinking that we are near a cusp in the market, BWDIK?? Peace and Justice --- Patrick