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

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To: LTK007 who wrote (1631)7/20/1998 10:53:00 PM
From: TATRADER  Read Replies (3) of 59879
 
max, safest way to play an UTCI is to watch if it takes out today's high by 1/32....That means buying if it hits 11.12....However, I will stand aside, since the target I have on it is 11 1/2...Too much risk for me with not that great a chance for reward...HANS is too hot for me with an ADX at 50...I have a policy not to buy stocks where the ADX is over 50.....However, if the trend has been negative and the ADX is over 50, and it weakens, I may indeed go long under those circumstances....Good trading..Regards, Mark
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