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

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To: Logistics who wrote (183)5/7/1998 6:46:00 PM
From: TATRADER  Read Replies (2) of 59879
 
SPCO, the bollinger band shows a close above 80 cents and we are in business...Logistics, see if you can dig up any warrant data...That is the only thing that would hold up a price move tomorrow as I see it....If we have another 400,000 share day on Friday and we take out 87 cents, we are on our way......Pattern is a rectangle from 50 cents to 1.00...Most buyers are waiting to see the break in the 1.00 area...Looks like potential from there of 1/2 point or more depending on volume...I am in a bit high at 81 cents...Looks like I made a good trade today on MEME at 1.68 and a bad trade with IATV at 2.00...If IATV does not recover tomorrow, I will take my losses...I will be able to trade tomorrow for a few hours, so I will post picks right after entry...
Looks like from today's watch list, NINE,TOTL,TTWO,were on winning team and would have made good trades...
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