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

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To: NW_Trader who wrote (16221)4/24/2000 10:16:00 AM
From: TATRADER   of 59879
 
Hi Patrick, going to take a couple weeks off from trading until I get my emotional state under control...
I have basically cash and gold at this point..
PDG looks like it is going to do a narrow range day today..
It continues to make lower highs and higher lows off the expansion day, 8.81 by 8.00...Again, technically PDG looks like it is preparing for a pop to upside...PDG remains in my book a buy in the 8.00-8.50 area, with decision needing to be made whether to sell into the 9.50 area or hold longer term...The Central Banks continue to get in the way of the technicals, but I really believe the move off the descending wedge on the XAU will be explosive when it happens...Regards, Mark
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