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 (9324)	6/3/1999 10:30:00 PM
From: stock talk	Read Replies (1) of 59879

Mark, CPU has been a traders dream since the beginning of May. The float is about 52 million(+/-). The stock systematically moves up then back fills, every once in awhile takes a 1/2 point spike down to clean out any stops before it continues higher. Having watched the trading action for almost a month, clearly there is a calculated, orderly and systematic accumulation going. For this reason I am holding a core position, in addition to a trading position. My guess and its only a guess(I'm not a T/A guy)is that at some point tomorrow CPU will dip to 8 1/4 or 8 5/16 then make a run for $9.

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