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


To: dealmakr who wrote (10517)7/28/1999 10:21:00 AM
From: Mike Sawyer  Read Replies (1) | Respond to of 59879
 
Hey Dave...actually it was both Fibonacci levels and the Gann Fan that I had pulled from last October, when the stock was under $24, to the peak of $100 last April. That gave me a major support line near $54. Then looking across the chart to last Feb/March I see that $54 area was also a level of support. Since $54 is a nice round number and it just below the $56 secondary I figured that it was a very valid target. And so it was...and is.

Mark, you should check out this ensign software for a free month. No credit card or anything needed...just download and setup. It's fantastic. It uses the tick data from eSignal. It would be easiest for you to get it setup and running with some directions from me on the phone. I found it somewhat confusing at first but can walk somebody through it in 15 minutes.

Cheers!



To: dealmakr who wrote (10517)7/28/1999 9:49:00 PM
From: TATRADER  Read Replies (1) | Respond to of 59879
 
dave, she is always after me for selling her winners too early..Fortunately she still has TIE and I joined her today at 11 3/4...Take a look at the technical chart on TIE..That chart has 18.00 written all over it...Double rounded bottom, a couple left shoulders and some nice right shoulders...Also held SSTI that I got at 9 5/8...

Right now:
Long
SSTI
HM
TIE
and VRTL the dog and APPI the egg plant(these last two are non-trading stocks, might say the core of the portfolio)

Short:
SAPE

Looking at OMC,CVC,TER as potential new shorts.....

P.S. Wife already told me I can't take computer on vacation...
Door County is where we are headed..A 40 mile island with Green Bay on one side and Lake Michigan on the other side..Sturgeon Bay makes it into the island with the ship canal...Looking forward to good fish boil....