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


To: stock talk who wrote (10386)7/21/1999 5:19:00 PM
From: TATRADER  Respond to of 59879
 
Yesterday I was suspicious on CYLK when on an off market day, it closed near 5.00...Last 30 minutes there was some buying that took it up...I had neckline pegged at 5.00..Pattern was 3.50 by 5.00..Add 1.50 for target of 6 1/2...Then, when I was home for lunch break, I saw size of 100, flash up there for just a moment on Level II...They went away, but came back again..I knew a big fish was hunting..As Jeff Cooper would say, Step in Front of Size..I quickly put in an order for 3000 with the 1000 I already owned...Man, what a ride...I think I am done for the week...(Of course, my CLX will humble, me..Still short at 110 3/8...CLX should be correcting, it is rising on stock split air..Bearish divergences all over the place..Now I have to either swallow price, take my 1 point loss, or wait for it to run to 115 and then short it again there...Think I answered what I will do, cover, then re-short at 115..Told Happy to wait for 115, so what do I do, jump the gun...

P.S. I am going after MCOM again tomorrow, market permitting...