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

To: john rieck who wrote (10510)	7/28/1999 7:44:00 AM
From: TATRADER	Respond to of 59879

john, PAGE is range bound from 5.00-6.12....The technical pattern is telling me what is probably going on in negotiations, they are stalled..BLS wants everything at bargain basement prices, and PAGE is not giving in, but trying to entertain other suitors...I still think BLS will raise their offer if PAGE finds a semi-live suitor... Of course all of this is speculation...I don't even know where their headquarters are or if indeed they are meeting....Call it the tea leaves as Zeev would say..I entered HM yesterday below 8.00... I may hold it a few days since I think, gold is going to make a baby move toward 270 in next 30 days.. I feel now that when PAGE hits 6.12 on bid, with potential for 2 million+ share day, that is when I will jump in again..I could play the pattern, but its too slow moving...GSCO continues to support price in 5.00 area..So if GSCO is indeed the market maker for BLS, it shows that BLS is willing to pick up any shares it can at that level, giving us our support area...