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

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To: Suntzu who wrote (7040)2/5/1999 9:00:00 PM
From: TATRADER  Read Replies (3) of 59879
 
bob, sorry I didn't get back to you sooner on MENT..
You have an extended level boomer...Two lower highs and two higher lows after breakout day..In simple terms, time of consolidation...
ADX is still not overheated at 35 and MACD Histogram is 5 days over the zero line...Looks like you have potential for another pop...My target that I would sell into would be 17.00 area....Nice support at 12.50 when she gapped the other day...

May be crazy, and if anyone wants explanations why, will give them to you..I held these positions for the weekend..
1.BLSI
2.LCAV
3.VTEL
4.THDO
5.PAASF

Oil watch list:
1.SLB at 53 3/4
2.FLC at 7 1/2

Regards, Mark
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