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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 (14498)2/19/2000 11:14:00 PM
From: Mike Sawyer  Read Replies (1) | Respond to of 59879
 
MARK!!! GLAD YOU MADE IT BACK IN GREAT SHAPE! What a close call. It is times like those that really make us reflect back on our life and at how precious things are that we sometimes take for granted.

I can remember a night when I was alone, coming back from New Orleans. I was going through Baton Rouge and could see that a huge storm was brewing. Lightning was going crazy. I thought I better stop for the night but figured I could make it to Lafayette which was less than an hour away. Unfortunately it was an hour away via the 40 mile bridge through the swamp!

The elevated highway is still much lower than the tops of the trees so the major winds in the storm were not to bad. But when I got to Whiskey Bay Bridge it was a different story! That bridge is one of those very tall humped bridges made for ships to pass under. When I got about 1/4 the way up the side the wind and rain hit with such force that the mini-van started rocking back and forth to the point that I thought I was going to be blown off the bridge. I slowed to less than 10 mph and I could not see 5 feet in front of the van...the only way I could steer my way was to try to keep a visual on the strip as my head lights would pass over it. The rain was not falling...it was blowing straight from left to right! I can remember saying, "Jesus save me!" over and over. That was about the longest 3 minutes of my life.

I made it to Lafayette...passing about 5 jack-knifed rigs along the way. I remember turning off the light in the hotel room and just lying in bed thinking about all the things that were really important in my life. Sometimes we need a wake up call to get us back on track. I had one that night...and you had one yesterday. And your story has helped me to stop and think about things again...quite reflection as they say.

Thanks Mark!



To: TATRADER who wrote (14498)2/20/2000 1:13:00 AM
From: Mike Sawyer  Read Replies (1) | Respond to of 59879
 
Mark and all, here are some bear poppers that we can study...

RVST 29 to 18 on 3.5M volume with ave. volume 211K; Initiate short at 26?

IIXL Head and Shoulders top with neckline at 45 1/2. Friday range from 39 to 35 on 2.7M volume with ave. daily volume 471K.

NMGC Large gap down on Friday from 10 to 6 1/8. Volume was 5.9M with ave. daily of 409K

RAZF...very interesting pattern. Distribution?

PGTV High flyer just got it's wings clipped. Peaked at 143 7/8 last Tuesday and has now dropped back to 104 on Friday. Volume on Friday was 631K, down from 2M on Thursday with ave. daily volume of 207K.