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

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To: NW_Trader who wrote (24951)9/6/2001 2:07:57 PM
From: Rashid Garuba  Read Replies (1) of 59879
 
Pat,

Confusion a good sign the end is near. Of what don't ask me. Couldn't resist AMCC short 13.1.. it then bolted on me to 13.5 (MSFT news I guess) only to reverse and trade at multi-month low... Hope to see low 11's shortly. The stock just doesn't trade well for me. May just eliminate it from my list... So much more comfortable to take trades at trendlines BEFORE breakouts/downs. QLGC.. those 27's yesterday sure were a gift..

CNXT, tough call.. this the trouble with intraday signals.. Not bad looking on a weekly. When markets nearing bottom, good time to start looking for emerging charts, such as this one. That said warnings begining, so being long a minefield for next few weeks.

DOW clearly headed to your 9700 next stop. Nasdaq just plain depressed. Sometimes a day off better.. Will just sit on AMCC short..

Rashid
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