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

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To: lexi2004 who wrote (57928)3/9/2007 9:37:56 PM
From: GTC Trader  Read Replies (1) of 59879
 
Lexi,

Thanks for the input.

My LMRA buy at 3.62 did not execute and I will not chase a gap up on Monday if one occurs, but I just reset my buy order to 3.33 prior to seeing your fibs. I saw support around 3.35 on the charts last night and if LMRA makes a new low on Monday, then it will probably dip below 3.50 as well.

If I am watching, I may enter LMRA at a higher level, but for now my bid sits at 3.33. Glad your fibs "support" my bid. :-)

Have a great weekend!

Ken

P.S. I am in RNVS and may add on a break above 3.50. If that level is broken, the stock should make an attempt at 4. If 4 is broken, Mark may get the big run he has been looking for. I hope to have at least one position in it if that occurs.
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