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: Sojourner Smith who wrote (33817)	12/6/2002 1:56:04 PM
From: NW_Trader	Read Replies (4) of 59879

Hi Bruce, Thanks for getting my mental juice flowing instead of sloshing with your question. Used that scan (with an addition of 89 d SMA and Bollinger Bands) to find some interesting possibles. FHRX was one already past due, but moving well which I got yesterday at 6 - sold 1/2 today at 7.5 and holding the rest as test of the indicator. Backtesting, a lot of the ones the scan found are old Pressure Drop plays - DKWD, EMBX, TTEK, are also proving out - MTON is one a bit earlier in the process of proving itself. May spend a bit more time to scan this weekend, looks promising. AmiBroker sure makes this easier (BTW, it now has a plugin for QuoteTracker, so any real time data QT can get, you can read and scan in AB). These params look pretty good on a 3 minute chart as well for picking intraday reversals. Peace and Justice --- Patrick

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