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

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To: TATRADER who wrote (11315)9/24/1999 10:19:00 PM
From: JACK R. SMITH JR.  Read Replies (1) of 59879
 
Trader,

Thanks for the sage advice.

My bones tell me that we have a bottom here for the S&P 500. Could have an up day on Monday with a retest on tue, but my thought is that the direction is up here, and not down.

We will have to wait and see.

This is off the cuff stuff, and do not hold me to it.

Just calling what I see here.

When I say "bottom", I mean "relative" and I am looking for a reversal in the near trend.

Just a little confusion here and again, I notice some "gold grabbing" here. Probably premature, but we will see.

Have my generator and transfer pannel installed and will test tomorrow. As I live in the country with frequent power outages, not a bad idea as it will be useful with or without the "Y" problem.

As always, I appreciate your council and I always listen!

Best to you and your "Trader wife" and all here!

Jack

P.S.--The time for a paradigm shift to basic commodities from stocks without a trip through bonds may be near but not just yet!
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