Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Paul Viapiano who wrote (11055)	9/8/1999 9:27:00 PM
From: TATRADER	Read Replies (1) \| Respond to of 59879

Paul, I held TMAR overnight for these reasons 1)Stock closed near high 2)Volume total for two days highest in over a month 3)Stock did 180 yesterday 4)Approaching MACD Zero line crossover 5)Approaching top of pattern on good volume Pattern is 9.00 by 4.50, giving objective of 13.50... My sister-in-law from Green Bay has a limit sell in her IRA position at ??..I made it a bit lower to make sure she gets out when the time arises.. 6)Selective drilling stocks now being targeted by fund managers as oil prices remain firm, note movement today in BPT,PDE,FSII,etc....IMHO, TMAR should be one of the first boat type oils to move... Now to your departure..It probably was the smartest move, since you can always re-hop aboard the ship..TMAR is not the gapping type...Here are a couple of points that support your departure... 1)Stock near top of pattern, could easily repell back toward 7 1/2.. 2)Day two of move, how many stocks really make it on day 3 Regards, Mark