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

To: Rashid Garuba who wrote (3996)	10/16/1998 1:01:00 PM
From: majormember	Respond to of 59879

some thoughts: OSTE bounding up on heavy volume...looks to want to get back to neckline at $23 (thanks, Mark). NDE...showing weakness on yesterday's warning...looking for 8. POS...good short around $45 on todays news SNRS...may have seen bottom with PMA coming out Beg. Nov. AMZN...good short for next week. Ttaat's all folks....Skane

To: Rashid Garuba who wrote (3996)	10/17/1998 1:00:00 AM
From: shasta23	Respond to of 59879

HI Rashid! HAd a long day at work and couldn't follow the market. Although you said that QMDC was a good short i got stopped out just under the high of the day. Put my stop to tight and drew the trend line initially wrong. Now i see that the stock stopped right at the downtrend line if i disregard the highs. But i'm not sad since i was happy that i finally could follow the routine of setting stops. I need that discipline more than this trade to be profitable. But i also want to make money of course but some rules have to come first and need training. So you are in(Icix)and i'm out and i wish you luck and i will look for new opportunities.BTW i really don't like that i'm drawn to shorts on the way up since it shows that i can't sit on my hands as i should and wait for that sign of the stock turning around. I always want to short close to top and that's a real weakness of mine. Your strategy of waiting for a down day is much better i think and i wish i would always remember that! Have a nice weekend!Enjoy the ongoing learning experience on this thread.Thanks to everybody! Stefan