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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 (10954)	8/30/1999 10:13:00 PM
From: JACK R. SMITH JR.	Read Replies (1) \| Respond to of 59879

TRADER, Monitor problems I understand. I have two in the shop as we speak. Without the monitor, you see nothing and know not what your box is trying to tell you. Regards to you and all here! S&P 500, I see support just above 1300. The current rally in commodities (exclude oily ones) I see as topping and I will sell october cattle soon. Bonds are acting weak here and that I see as a continuation. Methinks another rally in the securities after a bottom near 1300. I would certainly play any position here close and have catch up and fall back positions in mind. Just my very humble opinion, and none should take any position based on that. Regards to you and all here!! Jack!

To: TATRADER who wrote (10954)	8/31/1999 2:21:00 PM
From: Bart Hoenes	Read Replies (1) \| Respond to of 59879

Is this in line with what you are expecting of CS? (from wallstreetcity.com) CS has traded as high as 17-3/4. but the stock currently stands at 16-15/16, down almost a point from its intraday high. Momentum traders have been very active in this issue, but many have now taken profits as evidenced by the drop-off shortly after a new high was reached. Investors can expect the stock to continue consolidating over the next few days before resuming its uptrend. The Wilder RSI indicator (in the chart above) indicates the stock may be overvalued as well - the blue indicator line has breached the overbought line. Cabletron will likely base for several days, using the $15 range as support. Watch for a high volume positive day where the stock closes in the top half of its price bar as indication of the new upleg.