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

To: Mike Sawyer who wrote (13604)	1/27/2000 2:53:00 AM
From: NW_Trader	Respond to of 59879

Mike: Interestingly, many of my scan hits last nite were AMEX stocks, NASDAQ hits continue to decline. What (if anything) does this portend? My guess is that the small caps are tiring, and will turn down soon. Watch the Russell the next few days. The trend continues, with >50% of hits being NYSE and AMEX stocks. IDX, well sorry, but I think it's range bound and 20 just isn't in the range. Matter of fact, it looks close to the top of range now and not showing break out. Then again they may sign a 20 year contract as part of a program to fingerprint everyone in the US for a national identity card. WDIK? Watch these for kicks: VUTK PARS FONR ATMS IMON BLSI AMBI SRGE CNDS INFO IINT INDG ROSS. Interestingly several other disk drive related issues hit scans: WDC RDRT MXTR. IOM as well. Wonder about other 'puter OEM suppliers. Haven't looked, does anyone have a list handy? I've made more than my share of points for the week, and today seemed to be getting inaccurate (sloppy would be a better description), so tomorrow going to decompress, resight and just watch a bit, I think. New issue of TASC has articles on Pivot Points and Triangles, both of which I seem to be using a lot in trades, so good to read while in penalty box. May try to work a bit with Ensign too, will you be around for a call tomorrow? Peace and Justice --- Patrick