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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 (976)6/20/1998 5:35:00 PM
From: dealmakr   Read Replies (1) | Respond to of 59879
 
TATRADER,

One of your old gizzards INTK is showing some signs of renewed vigor. Someone bot with an appetite last week. Still long on this one as I like the fundies. Any TA thoughts? I know this was a TMEX and KLAW play a while back, but you got to figure that they are long gone. Inquiring minds would like your opinion. Thanks in advance.

Dave

PS: Thank you again for your thoughts on PKD. I sure would have bot too early. Again. You saved me some dough there. Hope to return the favor someday.



To: TATRADER who wrote (976)6/20/1998 9:22:00 PM
From: Rashid Garuba  Read Replies (1) | Respond to of 59879
 
Mark,

Hope you are counseling others. Hope all is well at home. Have been away from trading quite a bit in May/June (vacation/father-in-law passed). I held some stuff that taught me a new lesson. Unless you are an ultra-long term investor, don't carry OTC stocks with you on vacation.

The solution for all those that keep breaking rules (myself included) is to mechanize as much of trading as possible. Once you've decided what/where to buy/short, cut your head out of the trading process. My absolute biggest weakness is NOT WAITING FOR THE PROPER ENTRY POINT.

Here's an example. SGNC has been building a pretty flag (reminds me of FNTN) the past few days. Instead of waiting for a confirmed volume breakout (over $1.15), it took me leaving home to stop me taking it at $1. Came back home and lo and behold, it is breaking downward. I am going to begin setting alarms and turning off the charts. Don't want to hear about the stock again till it doe what is good for me.

Best
Rashid

PS. I am in HCCA for a very brief trip.