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

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To: Rashid Garuba who wrote (24891)8/31/2001 3:10:44 AM
From: NW_Trader  Read Replies (3) of 59879
 
Hi Rashid,

Good to hear from you. The stocks you listed are all in my trading stable at present. I was out all day Thurs and so I got flat day before - left a lot on the table in covering those shorts, but I slept well.

NAZ continues to follow TL down - closed about on the intermediate TL and the lower TL is just above the support level from the Apr low; give it a day or 2 and it should be there. DOW dropped thru the intermediate TL today - 1st lower TL is about 9770, just above the 9700 support - 2nd low TL is about 9500 just above the 9400 support from this spring. Always dangerous to predict a bottom (lots of earlier cavalry troops with arrows in their backs already on the ground), but we may be near - or we'll really have a massacre next month. Good luck.

Peace and Justice --- Patrick
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