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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: TATRADER who wrote (9695)6/21/1999 4:15:00 PM
From: majormember  Read Replies (1) | Respond to of 59879
 
MCOM...you couldn't be more precise on a target price!

Message 10020047



To: TATRADER who wrote (9695)6/21/1999 4:29:00 PM
From: Dale Baker  Respond to of 59879
 
Here's my point - when you trade by the chart, which you are damn good at, you expect other traders to play the chart too.

When the Internuts run, you can usually take the charts and toss 'em out the window. This is pure herd instinct on a day to day basis and a very broad fundamental view in the long run (which most of my Internut longs are).

Better luck tomorrow.



To: TATRADER who wrote (9695)6/21/1999 9:30:00 PM
From: JACK R. SMITH JR.  Read Replies (2) | Respond to of 59879
 
Trader,

Reguards to you and all traders here.

The S&P 500 has slightly exceded my target swing high of 1355. I expect a failure here with a downside target around 1290. If it blows out to the top, then the target is circa 1400.

My thought is that it is a bit overextended here and if there is no news, then failure is imminent and we should look to the support level.

Regards, and good trading to all!

Jack