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


To: TATRADER who wrote (34354)1/7/2003 4:30:24 AM
From: GTC Trader  Read Replies (2) | Respond to of 59879
 
Mark,

Welcome back!

Confused about your approach to CDE. I notice that POS is now at 4.85, but with it closing over you resistance level of 4.86 two days in a row, and with CDE closing over 2 two days in a row, I would have expected you to say that a sharp run-up is imminent.

Also, if you expect a pull-back to 1.90 soon, why not sell at least half your shares around 2.10 so that you can reload 10% cheaper?

My stoploss is set at 1.88 and now I feel like I should lower it so that I don't sell at the bottom before the run to 2.50 and higher. Should I lower it to 1.78?

Do you expect CDE to hit 2.50 by the end of the month?

Sorry for all of the questions. I am just very confused right now and would appreciate a little clarity.

Thanks - Ken