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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 (40948)10/7/2003 12:24:58 PM
From: NW_Trader  Respond to of 59879
 
Hi Mark,

OK, non-ADX setup satisfied (MSSN). And a 1-2-3-4 today.

BTW, my solution to Cooper's complaint on ADX being slow to respond and missing some stocks is to have tweaked the ADX some as well as building alternatives for trend identification (his use of a 50 day SMA alternative has it's own problems). As to working with lower priced stocks, some do, but the institutional money is greatly limited at lower price levels and some strategies that rely on institutional buys are less effective.

I've trotted a lot of the old ponies out of the field and back to the stable: VTSS, HLIT, PMCS, RMBS, SSTI, RFMD, STEC, MANU, ISSI, BRCD, ASTSF, TQNT, ADIC, MOBE, PUMA, ARIA, EPIC. Continued vetting needed for stocks like PTEK, STKL, VXGN, DCEL, LIFC, ASGN, NVTL and others, but lot of good potential for both longs and shorts from some of the harder runners over the past couple months, should things not hold up in earnings over the next few weeks. For now, mo-mo stocks are paying the rent (and then some <VBG>).

Peace and Justice --- Patrick