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


To: George8 who wrote (57408)1/30/2007 12:16:23 PM
From: joseffy  Respond to of 59879
 
"Set stop loss and sell into up spike"

Good advice always.



To: George8 who wrote (57408)1/30/2007 12:29:34 PM
From: Norm Demers  Read Replies (1) | Respond to of 59879
 
Another group of shorts jumped in at $5 and below trying to short an already oversold position. Retail shorts would do well to cover before the naked shorts are forced to .

How do you cover shares that don't exist ? They are well trapped unless too many people flip their shares down here at the bottom. Even then there are still not enough to go around.

I never use stops since that just invites the MM's to take my shares from me. I'll sell the spike when there is one but we are no where near a spike at this point. A spike above $5 today would be worth selling though. The bottom is in so why not jut ride it back up for all I can get ?