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


To: Rashid Garuba who wrote (15397)3/16/2000 5:31:00 PM
From: TATRADER  Respond to of 59879
 
I guess i enjoy seeing how TA matches up with their practices...ok, all you who have a Gann Retracement indicator...Take it out on the PCTL chart...Put the low part of your indicator on 4 and the top part of the indicator at 15.21...You will note the Gann Retracement puts the pullback on PCTL at 9 1/2...Now let's see if TA wins this PCTL battle or whether the Marketmaker wins....
Also if you measure the run from 7 to 15.21, difference of 8.21...Multiply by 66%..You get 5.41...You subtract that from 15.21 and you get buy area of 9.80....Let's see if a buy of PCTL under 10.00,leaves us holding the bag...I don't think so, but we will see....

Will look at INSO...Am looking to play bounces tomorrow on ULTR,ADLT,NERX, and a few others...



To: Rashid Garuba who wrote (15397)3/16/2000 6:09:00 PM
From: stock talk  Read Replies (2) | Respond to of 59879
 
Ok, boys maybe its safe to come out of the woods and make a few trades tomorrow. Look at CNBC now and watch the show (The Edge)about the boom in fiber optics and with Cornings earnings blow out coming due to fiber optics sales, I think the sector will get a boast. I first spotted ANIC(fiber optics play)about a week ago moving on large blocks low volume at market close(during a NASDAQ melt down)which is a strong sign its a pro rather than the mo guys. Somebody knew something and was buying in quietly on low volume. Same thing happened to today with a little more volume at a higher price point. Also interesting is the average size of the trade has doubled from 500 shares per trade to over 1100. That means we have larger blocks at higher levels. Think I try to catch it tomorrow if given a chance.