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

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To: TATRADER who wrote (1801)7/26/1998 10:03:00 AM
From: mark nowacki  Read Replies (3) of 59879
 
Psix is getting ready to take a dive on monday. If one reads candlesticks, the formation is dark cloud cover which tells of the end of a rally.I have followed DGIT, LEAP, ABET, ZAP, ITEX, EGGS these are just the few hyped internet stocks that lose tons of money per quarter and get mentioned as possible buy out candidates or partnering etc. Hype, Most readers of SI don't realize that the shorts are the ones who come out and say the stocks going to 30. I do tech analysis with Aiq. The most reliable indicators are the Bollinger bands and AIQ bands when the open up then you know something is happening. They haven't. The top of the bands are 18 1/8 which means it will probable go to 17 1/2 or lower.
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