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


To: steve whitman who wrote (11704)10/28/1999 4:36:00 PM
From: majormember  Respond to of 59879
 
re: RRRR, there were five P/R's since Monday.
I'm no TA, but I know the shorts had hit this one,
could be covering and today's market strength, fwiw = 0

biz.yahoo.com



To: steve whitman who wrote (11704)10/29/1999 8:57:00 AM
From: TATRADER  Read Replies (1) | Respond to of 59879
 
steve, RRRR, have a target of 15.12-15.50...If you get a gap this morning, I would fade it, if it is in this target area..Stochastic and RS are still not oversold,ADX sitting at 25, looks like it has another 1/2 day of life...If she moves up slowly during first half hour of market, would watch for momentum shift in target area, trailing with tight stop..Regards, Mark

P.S. Ok, I am refocused, back to daytrading today...2 day reassessment period over...One of the hardest things in daytrading is to ALWAYS set a protective stop immediately after entry..My pride still gets in the way once in a while when I think that I am right(gold reversal), and that giving my stock a little extra leaway is permissible...