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: Ray Smith Jr who wrote (7667)	3/15/1999 9:05:00 PM
From: TATRADER	Read Replies (3) of 59879

MTMC..it has done a retracement to the bottom of an old rectangle pattern...That 5.00-5.50 area now provides some pretty stiff resistance on the upside...Present volume levels will not be able to take out this area and hold it...So keep us posted on it...If you get a volume day of 700,000+ let us know about it...Regards, Mark Many oil stocks now can be labeled as Extended Level Boomers(Cooper terminology)...Basically inside days off of the recent highs...I will be watching these stocks closely for re-entry... Today's trades 1. FAXX for 1 1/4 points 2. CYSP out at open for flat(and thankful to have my shirt yet...Anthony and friends were prepared to cut out my insides... 3. NETM for 1/4 point Now 100% in cash and ready to fight another day...Have been doing very well lately keeping my losses to a minimum..Can't say enough about tight stops...Set them, or you will soon be out of the game...

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