TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... Message Board

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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: TATRADER who wrote (9695)	6/21/1999 9:30:00 PM
From: JACK R. SMITH JR.	Read Replies (2) of 59879

Trader, Reguards to you and all traders here. The S&P 500 has slightly exceded my target swing high of 1355. I expect a failure here with a downside target around 1290. If it blows out to the top, then the target is circa 1400. My thought is that it is a bit overextended here and if there is no news, then failure is imminent and we should look to the support level. Regards, and good trading to all! Jack

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