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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 (11178)9/17/1999 10:00:00 PM
From: JACK R. SMITH JR.  Respond to of 59879
 
Trader,

See resistance for the S&P 500 now December basis at 1360. The bounce between support and resistance narrows here. If we break above the 1360 is resistance or below the 1300 ish suppoort then we could have some real action. I am "market humble" here, but my bias is negative as is yours, I presume.

I do see a potential for a great deal of volatility and "direction finding" perhaps even "direction finding within the greater". what I am saying is be ready for lots of "chop".

Whether you trade or not, and I know that you are addicted to it, please continue to drop the "pearls of wisdom" that you continually provide us here.

Many of your ilk have chosen the commercial way, but you have not and that I have the greatest respect for.

Regards to you and all here!!

Jack



To: TATRADER who wrote (11178)9/18/1999 2:23:00 PM
From: Shanker Reddy  Read Replies (1) | Respond to of 59879
 
Mark, check out MKG 31 3/8, potential short