SI
SI
discoversearch

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 (7680)3/17/1999 7:21:00 AM
From: dealmakr   Read Replies (1) | Respond to of 59879
 
Hi Mark,

Crude up currently .24, a test of $15 coming?
Globex S&P down 2.40

FLYR spiked yesterday on IFLY runup and exited 1/2 of position. Still like it, but a trade is a trade. NEWZ has had great price swings lately for scalping potential. LVLT has become my favorite intraday trader, has been swinging 2-3 points a day. Mike and I are in school on this one. EGAM has been my disappointment, but will play out the hand. Sold 1/3 of MRL LEAPS @ 3 1/4,kept 1/3 long and opened a credit spread by selling the LEAP 10's @ 2 to hedge. All capital out and downside protected with still the ability for further gains on the upside. NEM also on the watchlist.

Good Trading

Dave



To: TATRADER who wrote (7680)3/17/1999 9:03:00 PM
From: JACK R. SMITH JR.  Read Replies (1) | Respond to of 59879
 
Trader,

I think that your are right on with the S&P 500 predictions. It holds above your and my support level and I would expect a quick run to 1340 or perhaps above.

As I said before, I think that Oil and almost everyting else will have to stand aside here and watch the fireworks in the nifty fifty.

By August at the latest, we will see an entirely different scenario, perhaps?

Good trading to you and all here,

Jack