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: NW_Trader who wrote (24938)	9/5/2001 3:26:46 PM
From: Rashid Garuba	Read Replies (1) of 59879

Pat, I use over/unders a lot as it is the same thing as a horizontal line that is broken then successfully tested after.. QLGC was an easy trade as 2 trenlines met today. MEDC.. nice pattern. On a weekly looks like 17 1/2 will be tough on first try.. still not bad if one can get low risk entry.. we need Nasdaq to decend Chinese torture style so some things can perk up a bit. Glad DOW is heading up. TQNT.. good trade.. broke important uptrend yesterday. Looks like guaranteed trip to mid 16's, then 14. BRCD also a good mover.. almost too wild for me (yes that is possible<g>). JNPR.. will give a fat 50% or greater trade before the year is out.. just be close to the door.. always have an eye on it. I use trend channels a lot. In fact once a stock makes a lower low after an uptrend I create a channel based on the down trendline ASAP. If a stock doesn't cycle well (typical of low volume stuff).. I ignore it. Rashid

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