TATRADER GIZZARD STUDY

[NW Trader]

Hi Mark,

I've been staying out of the gizzards and in the higher priced PD plays this week -- seems to work well currently, especially during earnings week. Volume today in the markets may portend a bit more stability soon, so perhaps gizzards will return to the fold next week.

Today, I flipped NSIT for 2.5 and exited the remaining original 1/2 position for 4. I had planned to hold for a bit higher target, but remembered Frank's maxim and booked profits. Also got 3.5 points out of DPMI; again was looking for a bit higher target for the PD play, but that last 1/2 hour looked way too nasty and my gut said go. I am still in DROOY as an insurance play for the w/e. Trading accounts did well this week, long term accounts really fell.

POG did well, but the stocks are lagging now, so will watch for a bit more pattern setup before entering.

Hope you've lots of fish to clean, the boys and you had fun, and that we can take out 330 soon. What price do you see for silver -- I'm thinking 5.1-ish, but that's without any studies.

Peace and Justice --- Patrick