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: Mike Sawyer who wrote (20392)	1/30/2001 2:10:53 PM
From: NW_Trader	Read Replies (1) of 59879

Hi Mike, Yes, SCMR, the retrace and bounce off 35.5 make it look better now. Think I'll still wait a bit; today's vol is at the 50 day average. Take a look at AAI, which I mentioned over the weekend. Still think a pull back would be nice to add to position, but lot of upside potential as well. Look at long term (>3 yr) chart. Sold SBUX finally this AM when 48.5 failed (out at 48.25), then rebought on reversal @ 47.5 - had fib reverse at 47.375. Still in SSTI, waiting for run to earnings this week, but the G-man may have everyone distracted. HLIT may have just put in its reversal - had bottom order in at 9.0625 but not filled. Aren't decimals fun? BTW QuoteTracker has added a very nice fib retracement tool in its latest beta - incredibly easy to spot those reversals when you already have it drawn on your chart for you. eSignal tells me they plan to add one in next release as well. Peace and Justice ---- Patrick

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