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


To: SnowShredder who wrote (26147)11/30/2001 5:15:07 PM
From: Jane4IceCream  Read Replies (1) | Respond to of 59879
 
ATYT had a very nice finish finally busting through 12

Look for it to gap up Monday morn.

Jane



To: SnowShredder who wrote (26147)11/30/2001 5:36:21 PM
From: NW_Trader  Read Replies (1) | Respond to of 59879
 
Hi Collin,

Good going on the trades.

I discussed yesterday's poor performance with the puppies while walking them last night - they pointed out that recently the steady money has been in swing trades like CNXT, HLIT, VTSS and AMCC and the fortunate money from the likes of FFIV and EXTR. The gizzards, while thrilling, are labor and capital intensive, have an overall so-so record, and bigger losers. And they reminded me that trying to force the trades yesterday in CNXT wasn't smart. They suggested I limit the number of day trades for a while, limit the number of gizzards trades, and have more patience and a better trade plan for gizzard entries. They also noted that Nov was a tremendous month for the NASDAQ but wondered why gizzards often only popped, and didn't develop long term channel trends. I didn't know what to tell them, and as they are older than me (at least in dog years), I decided I was being given the wisdom of the ancients and should listen.

So today I only flipped SDIX for 1 and EXTR for .5. Out of TXCC for scratch (not even a dime this time). [Thinking of keeping dogs in trading area to remind me of agreements, maybe they could make the trade?] OTOH, if I'd done my homework last night and set alerts, I might have seen SIMG, NMSS, CDIC, or ARQL (all on the Thurs watch list); SDIX was purely serendipitous as I'd forgotten to take it off eSig and saw it's open. Only open trading positions are SBUX (bought new trading position AH yesterday on revenue news) and double of HLIT. Came close to being shaken out of today's entry near close, but stop not hit. Trying an AH sale of some HLIT, let's see if someone want's to pay me.

Have a good game tomorrow and a great weekend every one.

Peace and Justice --- Patrick