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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 (8834)	5/14/1999 3:13:00 PM
From: Rashid Garuba	Read Replies (1) \| Respond to of 59879

Well we should have shorted it. Was in EGRP long for a point. I move around more than I should. You know what is THE volatility king right now?.. PCLN. Also a reversal of recent downtrend. If it holds $130 today I will be active in it Monday. SILK also fun trading. Mark I have to take screaming, pleading daughter to take Hepatitis shots. will chat later. All cash for now. Rashid

To: TATRADER who wrote (8834)	5/14/1999 9:05:00 PM
From: JACK R. SMITH JR.	Read Replies (1) \| Respond to of 59879

Trader, Ominous stuff today. I would be looking to raise some serious cash in the equities, be long the Swiss Franc, T -Bills, and gold in that order. Nothing wrong with daytrading the shorts, but I would hold no overnight positions here--Damn glad I was not long the S&P 500 overnight, whew!!! Opened down 25 full handles. This may not be the big one, but expect serious volatility and look to fade the rallies until the dust settles! I would be looking for a 1/2 point rate increase and certainly take extra caution in front of any FED reports. Regards to you and all here, Jack