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: Rashid Garuba who wrote (24927)	9/4/2001 6:36:48 PM
From: NW_Trader	Read Replies (2) of 59879

Hi Rashid, Some longs must be in shock.. Yes, some who hoped to get short too <VBG>. Great entry and short trade in QLGC by you. Ah well, tomorrow's another day - I missed QLGC, had set my limit order to short and never saw the 31+ area. I got too busy dumping CNXT on its break of 12.2 (good for a buck tho), and getting short in TQNT. Also tried to short BRCM, but too late - the slide was on and I didn't want to chase. Probably should have. Do you follow MERQ? May also be headed into the teens, already is below it's April low and at a support line that dates from 99. What scale is your log chart set to? I prefer log scales for longer term trendlines, but can't seem to match the line you suggest, at least with the COMPX. On an arithmetic scale, the recent (May to present) TLs channel the trading pretty well down and today we are below the support line just above the April lows. Today's finish seemed to realize this. Peace and Justice --- Patrick

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