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 (9966)	7/2/1999 9:50:00 PM
From: JACK R. SMITH JR.	Read Replies (2) of 59879

Trader and all, Sorry about missing the close today. I still look for a retracement near 50% from the last low. By estimation that would be near support at 1365 on the S&P 500. Forgot about the professionals leaving early today. At any rate, do expect a near retracement and will hold with that. Not saying that the trend has changed, just predicting a normal retracement in an uptrend. Often think of you fast and nimble guys when I see Hogs go limit down for 3 days and know that you have not that problem. Enter sell order --no bid--no bid--no bid! Fortunately did not happen to me. Could happen to you, but not likely. If I have overstayed my visitation rights, please let me know! Reguards to all and good trading! Jack

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