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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 (19497)	12/10/2000 8:38:11 PM
From: TATRADER	Read Replies (3) \| Respond to of 59879

I don't know if you are going to get a right shoulder on ADBE...The original pattern was 160 by 110, giving downside short to 60.00..It just about hit the completion of that target area a few days ago...Now it looks to me to be in a trading range from 65-85 for the forseeable future...However, if the base of this pattern breaks at 65, you do have a potential for another 20 points to downside... In fact, if the Nasdaq eventually goes to my 2200 target later in 2001, I would look to buy ADBE long in the 40-45.00 area...