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


To: stock talk who wrote (11495)10/12/1999 5:05:00 PM
From: TATRADER  Respond to of 59879
 
BMG will be a buy on reversal tomorrow..My fast stochastic has a zero reading so that means, more downside initially tomorrow, but then reversal later in day..I anticipate a test of 3.00 and then some probing beneath the depths of 3.00...How far depends on bullion..We get a good sell-off in bullion, I have reversal area in 2.50-2.75 area..(if it gets that low, I will be buying BMG)
Here is the gold shopping list for tomorrow:
All are reversal plays, keep an eye on them for suspicious action at these levels...
1.HM 8.75-8.87(ok, this is my favorite, the strongest, most reliable, grandpa gold stock) May need until Thursday to get my attention again..
2.NEM 22.75-23.00(those traders have a great desire to get that first gap filled, I will not fight them, but be prepared to go long when they cover..)
3.AEM--This one should have reversed the other day with GSR, but I was off one day because the XAU was up and dragged this horse with it...look for re-entry in 7.00-7.50 area...
4.DROOY--the only gold stock I am holding overnight...
It held up well today since it has 15 million shares of support sitting at 1.75..Buy area remains 1.75-1.87...

Nice pattern stocks to keep on your watch list are BELW and TSCC.....