Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: TATRADER who wrote (3115)	9/16/1998 5:01:00 PM
From: Rashid Garuba	Read Replies (3) \| Respond to of 59879

You paper trading again Mark?? <g> Just got Pring's book. Devouring it quickly. My biggest quandry is after drawing a proper downtrendline, believing the momentum will get the stock there. As if when I am not watching, some thieves on Wall street will take my loot. From "Market Wizards": Novices go broke taking large losses while pros go broke taking too little profit. In other words it is possible to be in all the right stocks and still go nowhere. The key is what you have and I am learning: confidence in the TA and letting the position be, stop set. What drives me in trading is knowing that with the proper skills nothing compares for potential return. Perhaps I am greedy?? Who is greedier, the trader that takes profits quickly, or the one that waits for more? remember Gekko's words. Rashid

To: TATRADER who wrote (3115)	9/16/1998 9:21:00 PM
From: JACK R. SMITH JR.	Read Replies (1) \| Respond to of 59879

Tatrader, Looks like you are back into trading more than you wanted to be. I remember your call for the S&P 500 bottom at about 950 and you called that well. Take another look and tell me what you think? I see some chop in the oil and golds and see minor resistance in the S&P 500 at 1050 and major just below 1100. If you have the time, and only if, send best picks in oil and gold by Private Mail! I would be looking for a near term bottom in the dollar soon and would have close stops on the BP, DM, JY, etc. Best regards to you and all here!! Jack