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

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To: TATRADER who wrote (12163)12/14/1999 12:16:00 PM
From: James R.Gross  Read Replies (1) of 59879
 
Question for Mark,
If adx is rising and the -di is on top of the +di and stock is
declining on lighter volume is this a sign of accumulation.
I have been in WORK since April at 8 3/8 and just recently hit 32
has pulled back on profit taking because of good news. It went up fast recently. Been upgraded to 54 because of E-Com Spin-off 1st qtr.
next year. I am just going to watch support line and if violated will
quickly sell.
Seems alot of supports are getting tested today on lighter vol.
Any comments to that also.
If we get by this year we look set for a big rally with that nice Dow
chart.
TIA Jim
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