TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... Message Board

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

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To: Dan Lisman who wrote (2291)	8/9/1998 10:08:00 PM
From: TATRADER	Read Replies (1) of 59879

Dan, you are right...I was telling Lizard the stock was topping, and he told me I was crazy...I lost the bet to Lizard since I put a time limit on the top...He went on to victory, but my long term call was right on...You have a classic double top on ITEQ...Pattern is 15 by 10...Giving potential downside target of 5.00...However, it looks like the pros have begun to accumulate in the 5.50-6.00 area again..I am watching the RS and Simple Stochastic for potential indicators on buying this one...Thanks Dan, we may be able to play this one to 7 1/2, once it gives us the flashing light to buy....Regards, Mark P.S. We are close to buy signal...

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