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


To: Andja Miskin who wrote (20674)2/20/2001 11:58:50 AM
From: YxY  Read Replies (2) | Respond to of 59879
 
BOUGHT EMLX at 35 3/4 and MERQ at 74 1/2



To: Andja Miskin who wrote (20674)2/20/2001 12:45:13 PM
From: TATRADER  Respond to of 59879
 
CSCO- buy area of 20-22.50...
I studied the high volume areas of 10/01/98 to 10/12/98...The beginning of the move down there on 10/01/98 was at 15.06...Then I used 15.00 as a base for a Gann Retracement study...Gann gives pullback to 22.50...But you never live by one indicator alone..I have to have at least 2-3 indicators confirming the same thoughts...

On this one, take a look at the basic pattern..I see it as 80 by 50(neckline at 50)...Subtract 30 the difference from 50 for downside pattern target of 20.00 a share...

So I put CSCO on my watch buy list when it hits my target area of 22.50...Then it will have to show me some reversal tendencies before I enter it....