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

To: Shanker Reddy who wrote (11013)	9/6/1999 6:21:00 PM
From: TATRADER	Read Replies (1) \| Respond to of 59879

shank, on PBYP, remember that a continuation gap usually signals the halfway point in a move...That gap was in the 5.00 area..Adding 4.00 to that spot(move started at 1.00,) you get a longer term target of 9.00 a share...However, I am looking for that continuation gap to be filled in the next two trading days...So it might be smarter trying to time the downside reversal, I am looking for the stock to pull-back to 4.75 area(would love to get it at 3.75,extreme pullback area but that is a dream I don't think will be fulfilled)... Finally, Brown and Company won't let me short this one, so have to generate other strategies..