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

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To: TATRADER who wrote (57979)3/13/2007 10:48:15 AM
From: lexi2004  Read Replies (1) of 59879
 
LMRA...Guess you aren't waiting for fill the gap at the 4.21.
You know I like LMRA, but one thing does concern me and would very much like your take on it. Realize that we can't base a decision on a stock from TA on one indicator. However, the accum/dist indicator has been in a downturn ever since that first huge candle on LMRA in October. I'm not sure we could just say they sell the rallies. What do you think? I still have some IRA shares, sold my trading shares and now have a bid in at close to filling the gap to add to my shares. Wish I could post a chart here to give an illustration of the point I'm making, but as I've said before, my system doesn't allow that at this time. Look in comparison to DSTI that has an accum/dist indicator that has been in an uptrend.

Lexi
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