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

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To: GuitarMan who wrote (19751)12/27/2000 12:34:56 PM
From: TATRADER  Read Replies (1) of 59879
 
12,000,000 shares of overhead at 3.00.....PCOM...Have to add up the past few days, but don't think we are there yet...

As long as NEM does not break 17.18, the extended level boomer pattern holds..If it breaks rebuy area on NEM is the 16.00-16.50 area, and gap filled....

P.S. finished my gold shopping....back to 100% gold position in trading account...bought HM at 4.43...
P.S.S. selling my recent 30%IRA mutual fund purchase for about $500.00 profit..Back to 100% money market...
I am looking at 3000 Nasdaq, drop to 2300, multiplying 700 by 40% retracement(280 pts),add the 280 to 2300 for target of 2580 area....I had thought the Nasdaq would rally in December and January to the 3400 level, where I was going to sell my 30% mutual fund stake, but now I got cold feet...
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