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

To: GTC Trader who wrote (24917)	8/31/2001 1:01:42 PM
From: NW_Trader	Respond to of 59879

Hi Ken, Vacation was great, relaxing, a bit smokey some days as we were not far from the Leavenworth fires, and Chelan had a fire of it's own (Rex Creek) further up lake (the lake is 57 miles long tho). I'm still getting my trading legs back, had to be gone all yesterday so broke my stride a bit. Wish I'd stayed short like you - after all the times I've been short the semi's I had to pick yesterday to be gone. TL's are a subjective thing - no special software, just PEM (Patrick's Eyeball Method) - a combination of experience and based generally on ideas from Vic Sperandeo, Constance Brown, and many others - looking at price and volume extremes, different time frames and on both log and arithmetic scales. Used to do pitchforks, but don't much anymore. Candles are nice for the info they convey quickly - patterns are easier to see. BB's are nice, but often use different SDs as well. I hope 1600 isn't going to be hit as I expect worse if it is. With the PDT rules, I'm considering revisions to my trading and would really like to get a trend going again. But the market never listens to me anyway. <VVBG> Peace and Justice --- Patrick