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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 (20689)	2/20/2001 6:48:31 PM
From: YxY	Respond to of 59879

Rashid, I'm not expecting Naz 1600 on that move and I'm not sure I'm expecting it at all but that is what this channel point to. Anyway in my experience in a case like this when a chart went out from its channel and finally slip back along it it tends to built a new parallel channel. So the slope remains valid but not the bottom trend line. Short term we could have a nice bounce knowing that there is a nice gap to fill (the gap you mentioned un previous discussion) The game is to be long when the bounce come without being dragged down in the meantime. Therefore my funny trading that my broker like so much...