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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 (2177)8/5/1998 4:33:00 PM
From: Rashid Garuba  Read Replies (1) | Respond to of 59879
 
Mark, I think most of the risk lies in lower volume scenarios. I don't think anything you post could affect EGGS on a 10 mil. day, for example. Or, are you THAT much a GURU??

Rashid

PS: New trading battle cry: "Give me volume or give me death"



To: TATRADER who wrote (2177)8/5/1998 4:49:00 PM
From: dealmakr   Read Replies (1) | Respond to of 59879
 
Mark,

Ugly market is taking out a lot of stops lately. Wish that used my own better. I do agree with Rashid about high volume plays, I don't see them being affected by your posts. Low volume plays is anyones guess. Enjoy your vacation. Polish that putter and don't forget your sand wedge. Best to Mrs. TATRADER and the family.

Bot more MDCO 9 1/8 (will it ever bounce?)
Holding PKD at 5 1/8 and ESV at 14. If no bounce might write calls.
OSX hit 61 13/64 today 50% retracement from 52 week high of 122 1/2. Any Thoughts? Looking at fundamentals here for being oversold.

Good Trading

Dave



To: TATRADER who wrote (2177)8/5/1998 5:16:00 PM
From: Char  Read Replies (2) | Respond to of 59879
 
Mark
I don't think the MM's are doing anything to you that they don't do to everyone. Every time I place a stop on a NASDAQ stock I get stopped out just to see the stock shoot back up. I no longer place stops on NASDAQ stocks because I know they will grab any stock that they think is strong and they need shares. Any stops on NASDAQ have to be mental.
Dave



To: TATRADER who wrote (2177)8/5/1998 7:29:00 PM
From: Dan Lisman  Read Replies (1) | Respond to of 59879
 
Guess I thought "edge" was working FOR you. Kind of like Warren Buffet BUYS silver, Then TELLS everybody he bought, THEN it goes up. <VBG>
Have a good trip.
Dan



To: TATRADER who wrote (2177)8/6/1998 1:28:00 AM
From: bazan  Read Replies (1) | Respond to of 59879
 
Mark,

It'll be a real shame if you decide not to share your picks with the thread. I think you and Rashid are brilliant stock pickers (ta gurus) and I greatly appreciate the sharing of knowledge. Without sharing how do we "beat" the pros?

Re: stoploss orders...As long as you place stop-loss orders, you have a chance of getting outed and reasons such as low vol, not alot of MM, MM are crooks, are just a few. MM see them and go for them even as a way to create panic. With just a few MM they can take a stk down 1/4 pt with trading as little as a 100 shares just to get the shares.

Just today I placed a stop-loss on ICOS at 20 7/8. Stock went as low as 21 and they didn't take my shares. What does that prove?

I will tell you that I had a devestating experience and expensive lesson some yrs back when I placed a stoploss on SmithKlein options. The SOBs MM dropped the price at the open stole my options then the stk took off and later that day SK was bought out. What a effin lesson on stop-losses. That's why I hesitate using them.

I really think you never mentioned this before because you always used mental stops. If you stick with them maybe you could continuing posting your picks. I hope you reconsider your decision and keep this thread alive.

Regards,
bazan