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

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To: Rashid Garuba who wrote (28209)3/10/2002 10:52:03 PM
From: TATRADER  Read Replies (3) of 59879
 
hi rashid....

I am holding, WAVC,UPL, and of course DROOY....Got stopped out of DROOY on last attempt, but am fully loaded again as of Friday....Indicators say, extremely oversold, and got my confirmation with CCI 5 period and fast stochastic 8 period, with some bullish divergences...Had to obey TA, even though gut said, "Haven't you had enough!"...

I know on WAVC, there are a bunch of shares being offered...But at 18 cents, and after a huge downtrend, started to believe that there might be some accumulation here too...I remember the sainted words of Zeev from years ago when I was the Arakis warlord.....

"Mark, after a long downtrend, large levels of volume with little price movement are usually signs of accumulation." Or it might just be dumping of new shares, before the fatal bankruptcy death....GO WAVC, just go to 25 cents, and I will be the happy camper!!!!

Have a great week....I have a double sermon this week, plus have to find a drama script, teach a couple of classes, and help a couple families out with budgeting and marriages...Further, we put a bid out to purchase a local school....Hoping the city school district will accept our bid, will know by Wednesday...If we get rejected, have plans for new construction..

Got to go...See ya...Mark
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