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

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To: Lynn Peters who wrote (4265)10/26/1998 8:59:00 PM
From: TATRADER  Read Replies (1) of 59879
 
Lynn, pick up Jeff Cooper's Hit and Run Trading I and II...
Excellent books..Jeff is the instructor for the expansion pivots...
Something is up in WAVX... 3 day volume is at 535,300, compared to 5 day at 442,440...Smoothed rate of change is on upswing 3 days in a row, after turning from its downtrend, one of my early warning signals of a potential spike...ADX sits at 30, and +D1 is positive...Stock closed higher than open....However, it has done this before, if volume deteriorates, I will be gone again, because it is showing me another false alarm at taking out 4 1/2...But you never know, maybe WAVX is for real this time....Mark
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