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

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To: TATRADER who wrote (700)6/1/1998 6:29:00 PM
From: shasta23  Read Replies (1) of 59879
 
HI MARK!

We will see what happens with OBJS! Seems i only learn when i loose some money...and wish it would be different. Got stopped out of IFCI today and when i look at the chart in hindsight it was obvious that the stock was toppy and will probably first visit the area around the 200SMA or the 150WMA where it always bounced the last times. Picked up a setting of Doug R for stochastics(55,13)and there it's clear that this indicator was already turning down and that always led to a pull back. Why are charts always so obvious a day or two after i bot?

Stefan
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