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

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To: bbgold who wrote (19743)12/26/2000 8:56:02 PM
From: TATRADER  Read Replies (2) of 59879
 
bb, share them anytime...
on ABX, today it did a 1,2,3,4(Cooper terms)
a 1,2,3,4 is either 3 lower lows, or 2 lower lows and an inside day, lower high and higher low...ABX did the latter 1,2,3,4 today...Plus ABX hit the trendline at 16.25 and held it...So it leads me to believe that we won't get the pullback on ABX to 15.50-15.75 that I was looking for....on PDG it has done technically a 1,2,3, 4 as well...You can have a lower or equal to prior day low, included in the lower low figuring..So we have an equal to prior day low, and 2 lower lows...In other words if PDG takes out 10.31 on bid and NEM takes out 18.12 on the bid tomorrow, it should mean the continuation of the trend...
But I think I would wait for 18.25 on bid for NEM and 10.81 on bid with PDG, to confirm the upmove...
Hope I am making sense....MDG and AEM are just waiting for the generals to lead them...

Regards, Mark
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