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: stock talk who wrote (11561)	10/19/1999 5:36:00 AM
From: TATRADER	Read Replies (1) \| Respond to of 59879

frank, you are either brilliant, or are going to be in bathtub, and plug is going to be pulled...Since I am still cautious with a triple top formation, and Dow not hitting my target of 9750, will not fully join you yet on long side... For the past 10 years fund managers and others continue to buy on dips and 10% corrections..For 10 years it has worked very successfully..I know the fund managers are sitting on a whole lot of cash, salivating and waiting to pounce...But personally, I think it is high time we have a good Bear, and these guys get an education on humility and that things are not always what they appear...Good luck to you..A couple of my Cooper indicators are calling for more upside later today, but I am still preparing on short side.. Here are some of my short picks on the watch list today 1.ETEK-short in 55 area 2.AFS-short near 35 3.ANAD short in 27.62 area 4.ADPT short in 35.75 area With all shorts we try to watch for the momentum to downside..Once we enter, we set a buy stop 1.00 over entry, or you could be more risky and move it just above previous day high..On a 100 share position that is a risk of $100.00... Gold Shopping list Now on gold today, I am looking at a reversal on XAU either today or tomorrow...The two key areas are 75, and 72.50... If the XAU tanks to 72.50, I will load up the truck again on gold stocks..This target fills the gap, gives us a very oversold condition, and will make the shorts cover..We pick up our ride at that point..Or you could enter your gold positions when XAU near 75.00, and set a tight stop...If 75 holds, you ride up from there, if early bird, you are taken out with minimum of loss.. 1.NEM-buy area for today=23.75 2.MDG-buy area at 6.00 3.PDG-buy area at 12.50-13.00 4.AEM-buy area in 7.25-7.75 area 5.BMG-2.75-3.00 area On long side lets keep eyes on CCUR,ITIG,CYLK, and TALK...