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: TATRADER who wrote (7486)	3/5/1999 7:25:00 PM
From: sandbag	Read Replies (2) of 59879

Mark, If you have a chance, can I get your opinion on something? From what I understand about BB's, when they are contracted, thereby less volatility, and latter break out to expand into a larger trading range and wider BB's, the highest % of the time, the price breaks to go with the existing trend. I went short EGRP today based on this, thinking that it is ready for a break downward. My trouble is.....would this chart (daily) actually be considered in a down trend and is my above assumption true? All my indicators, ADX, stoch., OBV, etc. are pointing down. Thanks for any input. Barry

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