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

To: Dan Lisman who wrote (2760)	8/28/1998 11:03:00 AM
From: Rashid Garuba	Read Replies (1) \| Respond to of 59879

Dan, You just said what I've been too chicken to say outright: The trend in small caps is down. We are not in a position to be the market. Let others move them up... someday. That day could be tomorrow. Trading small caps (for me) is a bit depressing as most of the charts look the same: endless slides downward. As I left pennies earlier this year, I am now formally leaving the unmarginable group completely (OTC and under $5), unless I am drunk and choose to gamble a bit. If one doesn't have the funds to buy 250 shares of a $15 stock, then maybe they should wait a while. Don't think one should be entering the market with less than $5k anyway. Wishing Mark all the best. Rashid