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: majormember who wrote (8682)	5/10/1999 4:45:00 PM
From: TATRADER	Read Replies (6) of 59879

i sold RSND for flat...looks like SNRS came close to my 15.00 target...were you in? I am looking for a market downturn toward end of week....will see if I get my wings clipped by shorting CLX and YHOO today...Short YHOO at 156 and CLX at 105....Regards, Mark P.S. Reasons I shorted YHOO 1)Head and Shoulder top 2)Neckline at 160 3)Stock tried to re-attack neckline, but did not take it out... 4)Stock up 8 points on less than average volume.. 5)ADX had been increasing in early 20's..probably held at 20 today since the upmove took place...Displaying a strengthening in negative downturn.. Remember always be able to give at least 5 reasons for entry..... I look upon the move today in the internets as a sucker rally... Hope I am right...

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