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

To: Findit who wrote (55738)	6/20/2006 8:27:07 PM
From: hotlinktuna	Respond to of 59879

Nice job Jim! Another ethanol play AENS $2.56 close got more attention by coverage after hours: AENS on Wall Street Journal Online after the close I see: • [$$] Oil News Roundup at The Wall Street Journal Online (Tue 6:55pm) Could be very interesting tomorrow imho given today was it's first day to trade....tuna

To: Findit who wrote (55738)	6/21/2006 6:19:54 AM
From: lexi2004	Read Replies (2) \| Respond to of 59879

Jim, Regarding VRDM. I had shares that I'd bought in partials on the way down, averaging in and when it ran, it still hadn't hit my price. However, that was quite a move for one day, so I sold thinking chances are it would pull back and I could get in again another time when I'm ready to buy. I sold at .106, not because of any skill, just because I wasn't paying attention to it until it was .111 or so. LOLLLL Then I tried to sell for .11, the order didn't go through, so I changed it to .106 which was the bid. Looking at the chart, that was some long candle. Not sure if that spike down to below .03 really happened or not, but it's on the chart. Regardless, one of the things to look at to see if there is any conviction in this move is the volume and Jim it doesn't begin to compare to other huge volume days. So I question if there is going to be any big follow through on this. There was some selling at EOD, but not a whole lot for as you can see there is a small wick on the top of the candle, so buying continued. If it goes up more, I don't think it'll be much more at this time unless we see more volume enter. In regards to you taking profits early - in this market, I think that's the way to go. There is such volatility. CTSH is a stock I've been trading and the range one that can sometimes be over 5 points in a day. The trick is to find out what direction to go - long or short.:) I've been short on it, using the up days to get a position for when it goes down. AKAM is another that I trade in/out of and yesterday since it moved up and I'd covered, I used the opportunity to go short it again. I'm thinking that those that are interested in this type of thing might be best served looking for some real movers for when this market turns up. I think a bounce is coming in the not too distant future. When it happens, IMHO the real money will be to have a position in some of the movers, and it won't be the under $1 stocks IMHO. We need to find the high beta stocks and get in. I can never post this right, so when you get it put in $NASI, do it for 2 years, and check the PRICE LABELS. We are now at around -800 and as you can see those two -990+ were excellent turning points that gave the market a super rally. I'm not an expert on this and anyone wanting to know more should do a Google search for NASDAQ SUMMATION INDEX and it will tell you more about it. In short, you want to be long when the line is black and short when the line is red. Again, I think we are getting closer to a market turn. Having said that, there could still be massive selling before the turn comes. I'm not market expert, but those are my thoughts. stockcharts.com Have a good day, Lexi