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: Cary C who wrote (2985)	9/10/1998 10:01:00 PM
From: TATRADER	Read Replies (3) of 59879

cary, on APCO, you have substantial overhead in the 9.62-10.50 area...About 4.5 million worth...That is why I am shying away from it, even if it breaks the downward trendline...It appears to me with present volume levels it will not penetrate and hold the 8.12-8.41 area...Basically, it will hit its head in these areas and continue to tread water....ADX is weakening, so downward trend is losing its steam.....Mark P.S. I play gold on technicals alone...A hold above 65 on XAU tomorrow and we ride to near 80...I follow all my positions with tight trailing stops...So if gold decides to turn around, I don't lose my profits... Guard your profits at all costs...Never allow a winner to become a loser...

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