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

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To: Note bene who wrote (29186)4/25/2002 11:27:25 PM
From: TATRADER  Read Replies (2) of 59879
 
What is a Gizzard Stock?

1) A gizzard is a stock that is 12.00 or lower
2) A gizzard is a stock that has been out of favor for some time
3) A gizzard has had some 1 million share days in its recent past...
4) A gizzard has some respectable institutional ownership
5) A gizzard has a recognizeable pattern
(Cup and handle,double bottom, rounded bottom, ascending triangle, descending triangle, symmetrical triangle,head and shoulder bottom, rectangle, etc...)
6)A gizzard has given us some reason to look at it, a volume level that has increased dramatically in the last 10 days, a 180, a MACD zero line crossover, moving average crossover, 50 or 21 day expansion pivot, 1,2,3,4, HV Thrust,ADX starting to move up from 13-15 area toward 20, etc..
7)A gizzard is a stock we daytrade with stops, or hold as a position trade for no more than 2-3 days...
8)A gizzard is a stock we have already plotted our price targets on, and figured out where our stops will go, before we enter it...
9)A gizzard is a stock we find ourselves through scans, or through other gizzard traders that run their own scans..It is not usually a newsletter recommendation...
10)A gizzard is a stock that we look to take home 10% to 200% within 3 days time....

Hope this helps...Go Gizzards...Have to do Powerpoint work on the O.T. book of Judges tomorrow, plus wife has me cutting lawn...Will try and sneak in here from 9:30-10:30 to see if you guys and gals have found anything good...

Regards, Mark
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