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

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To: dealmakr who wrote (8312)4/22/1999 7:06:00 PM
From: TATRADER  Read Replies (1) of 59879
 
dave, Brown N Company claims that they put 70 million into a new system, and that it is just internet overload from 9:30-10:00 A.M.....

On BEAM today
Pattern is a beauty pennant...Or you could say we have a symmetrical triangle here..Note that the apex of the triangle is at 13.00..The way a stock breaks from these determines the direction of the trend, provided volume is strong..Note also the MACD Histogram turned up today..It is still below the zero line, but the reversal is significant when combined with the pattern...If we measure the flagpole conservatively, it measures 11 by 15...Subtract difference and you get 4...Add 4 to consolidation area of 13.00 where we see the apex, and you get my next target of 17.00 on BEAM...

Regards, Mark

P.S. the guy on CNBC who said laser surgery will just serve a niche, and that people will always be using disposable contac lenses is living in the dark ages...Likewise, this CEO said that people wouldn't want to undergo surgery...Good grief man, you get zapped and are done..It is not surgery!!!
P.S.S. May put my sister-in-law in this one..She now has cash after her ERICY sale yesterday...
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