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 (4134)	10/21/1998 3:28:00 PM
From: Rashid Garuba	Read Replies (1) \| Respond to of 59879

Mark, The XAU is starting to drift out to sea. Some of the emotion is gone, for now. The Russel2000 is !RUT for me. I am going test buying and holding for a few days Oversold, decent ADX, volume.. etc. You know... lizzards and other belly crawlers that have a history of reliable signals. (This is what LKing was good at, right?). In other words what worked on a trending market doesn't work in a sideways market (I think that's what we have here). I've also reduced my scans to include $2-$5 stocks (as long as they have volume). I've just got to learn to hold till they get reasonably overextended and exit only with mental stops. Have to learn to be bored while making money<g>. What worked earlier this year doesn't work in this market. Don't recall where I read it but stocks move strongly enough to make short-term trading worthwhile a very small percentage of the time. Underscores the need to scan stocks EVERY night. Rashid... ICIX boring me to death.. but I've got 2 points.. KMAG!!!