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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 (11657)10/25/1999 9:38:00 PM
From: bluejeans  Respond to of 59879
 
CNBC was reporting that some banks are lending gold again in order to ease the crunch some hedge funds were in.



To: TATRADER who wrote (11657)10/26/1999 9:15:00 AM
From: Shanker Reddy  Read Replies (2) | Respond to of 59879
 
Mark, need your opinion on CNQR, SPYG, IONA

CNQR 11.38, might have hit bottom
SPYG 15.75, chart pattern shows extreme accumulation, up 50% in last 3 days
IONA 20.2, is it running out of steam ?



To: TATRADER who wrote (11657)10/26/1999 1:32:00 PM
From: JD  Respond to of 59879
 
Manipulation in Gold Market?? Methinks I smell smoke:

To: +IQBAL LATIF (29453 )
From: +IQBAL LATIF
Tuesday, Oct 26 1999 10:39AM ET
Reply # of 29468

"Rumors in the market that a major borkerage house has been caught on proprietry trading of gold will keep me cautious, unconfirmed rumours suggest that although some of this major brokerage house clients are in deep losses, this brokerage house which was recently floated has a reputation of huge proprietry trading, thye were borrowing gold cheap and selling options making good money anticipating that gold will hit 200 $,like LTCM the market has caught them wrong footed..."

Jerry



To: TATRADER who wrote (11657)10/26/1999 9:42:00 PM
From: JACK R. SMITH JR.  Respond to of 59879
 
Trader,

I always need to look at the weekly charts in addition to the daily in order to get a better perspective. For the S&P 500, the monthly chart looks like we have a left shoulder and a head waiting for a right shoulder. This formation may take some time to develop. I do expect that it will be good for an astute daytrader able to play the volatility that I expect. Do, please, keep periodically looking at the longer term charts!

For gold, I see support in the area around 280.

Give me a more or less on that, please.

Best to you and all here,

Jack!!