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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 (4957)11/24/1998 10:40:00 PM
From: LzzrdKing  Read Replies (1) | Respond to of 59879
 
I think LABZ goes at 6 1/4. We shall see.

In my trading I tend to adjust to the flow. Right now breaks and high RS strength stocks are working very well. Sector is key. Thus I am trading internet, chip mfg and chip eq for the most part. I am thus not doing much bottom fishing at all. GLBL was another example of why fishing oil drilling/service is not conducive for my style. We had a huge vol spike with a reversal to the upside, and then a major failure and turn to the downside. As a result, I take a small loss.

My favorite stock right now thru next week is MRCY. There is a conference in NY next week, at which they will introduce new product. Paine Webber is very high on the company, has put out good research recently, and was a buyer for the past two days. I also like a thinster CRDT.



To: TATRADER who wrote (4957)11/25/1998 7:28:00 AM
From: dealmakr   Read Replies (1) | Respond to of 59879
 
Mark,

A good post from the drillers thread about the oil patch and possible consolidation in the future.

Message 6556587

Watch for some of these to go soon, if crude stays low

Good Trading

Dave