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

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To: Mike Sawyer who wrote (28170)3/8/2002 9:09:16 AM
From: Rashid Garuba  Read Replies (1) of 59879
 
Mike.. ELNK looks good.. keep eye on downtrendline fron Oct and Jan highs.. should reach that line soon.. If that co-incides with Nasdaq in the 1940 area, then a pullback entry opp should happen.. then next trip to Jan high's.. on watchlist..

BRCD.. the sign of a good swingtrader is the use of weeklies.. Most think it too dull to use weeklies, but I look at weeklies before any other time-frame.. I can't quite see the H&S pattern on the weekly. Considering MCDT warning and recent EMC negativity, it will take a near miracle for BRCD to get through $40 before November. Anyway I don't trade BRCD much because it is crazy.. rarely goes to a destination without thoroughly shaking those on board..

Rashid
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