TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... Message Board

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

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To: TATRADER who wrote (16369)	4/29/2000 3:21:00 PM
From: GTC Trader	Read Replies (1) of 59879

TMAR -- Short-term target? I am looking to sell a long-term position at a loss to protect capital. It seems to be struggling with resistance at 8, so maybe I should put in a GTC at 7 3/4 and wash my hands of this. On the other hand, a break of 8 may lead to a run to 9, hence my current 8 7/8 GTC. In a stronger market, I might view the H&S as pointing to a target of 11 which provided support in the summer of '96, but I am not that optimistic right now and I don't want to hold it much longer. Maybe sell at 7 3/4 and consider buying back on the next dip to 6 1/2, general market conditions permitting? As always, your input is greatly appreciated. Enjoy your time away from the market! Best regards -- HB

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