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

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To: TATRADER who wrote (10262)7/15/1999 8:53:00 AM
From: GTC Trader  Read Replies (2) of 59879
 
CLX -- Looking to short when it hits 110. Come to Papa.

Why?

I missed out on the nice short that you had with this company and I want to make up for lost time.

110 is ~ 1/2 retracement of drop from ~130 to ~90.

110 is ~ peak of August, 1998 and May, 1999.

110 was support in Jan, 1999, but was not in May, 1999.

CLX looks like it wants to give me a few points here.

Just about ready to close my FDX short from 59 !!! : ' )
I will transfer that short position to CLX and go long FDX.
(Also considering MWD as a short, but not as certain at this point.)

Comments welcome, never required !!! : ' )

Best regards -- HB
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