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

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To: Shanker Reddy who wrote (10868)8/24/1999 4:23:00 PM
From: TATRADER  Read Replies (3) of 59879
 
right now I am sitting on 1/2 point profit on TIE...Volume accelerated, Gann Retracement told me 8 1/4-8 1/2 area..I listen to mother Gann...If I am wrong, I get out even with my stop...If I am right, I take home a couple of points...
Looks like I nailed it from my perspective..
Holding overnight(don't like this many open positions)
1.TIE(bought as mentioned earlier at 8 9/16)
Glad to see it closed higher than open on accelerating volume, should get shorts a bit nervous..Chart looks to me now like a left shoulder, double head, and we are building the right shoulder with base in 8.00 area...
2.CYLK(the stealth bomber, held this one for several days now)
3.SDIX(Take a look at the long-term chart and you will see why I stayed overnight)
4.XICO(nice flag-pole with flag, volume beginning to pick up, looks to me like next pole is coming)
5.HOLX(bottomed the other day, take a look at ADX..The -D1 indicator is still in control, but ADX has stalled showing downside is done...Time for a bounce...

I plan on my wife having a very good day tomorrow....Now if the market cooperates is the question..
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