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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 (600)	5/26/1998 5:33:00 PM
From: shasta23	Read Replies (1) \| Respond to of 59879

Good for you! What about all your painfully acquired shorting skills. Do you let them rest for now? I have studied shorting the last weeks and started with CLYS but covered unfortunately friday. But ABTE is a winner! From 16 13/16 to 13 5/8 in two trading days is not too shabby. This one offsets my slight losses today in the long positions. Unfortunately didn't got to the computer today early to get CMGI which was on my shorting list if it breaks under 21 EMA. Down almost 6 points today to 43...oh well! Shorting is for me actually a very relieving experience since now it doesn't matter any more what the market is doing as long as it is doing something!! One last question at the end about your shorting experience. How do you determine the point of covering? Right now i just follow the reversal approach and said a trailing stop but that will give about 10% back. Do you use fib retracement and old support? Both seem logical. What do you think about TWMC on the long side? I know it's kind of expensive with at 34 but +1 today right at all time high, ADX nicely going up, probably MACD reversal of down trend, Bollbands still far away at 36 1/2...It was also on Lizking list of stocks doing well in this market. STefan P.S. will look at trbdf and INTAF. The other ones seem to be BB stocks that are not available through DATEK

To: TATRADER who wrote (600)	5/26/1998 7:54:00 PM
From: BigDaddyMac	Respond to of 59879

I just thought i would let everybody now that if you missed out on the first run up of ICVI last week, it is going back up tomorrow or Thursday. Big news release ? to be out tomorrow or next day. With a stock has a book value of $2.85 per share and is now holding steady and gaining ground at .50 cents per share, this opp shouldn't be passed. As always , do you own DD and read the posts. Tons of info there, this stock will see 1 buck before close friday, IMHO TheVinnieMan