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


To: NW_Trader who wrote (24925)9/4/2001 2:53:41 PM
From: Rashid Garuba  Respond to of 59879
 
Pat,

"If that went .... 14, 12 and 8 come into play.".. I used to laugh when anyone made a statement like this, referring to a stock in the thirties.. No more.. I remember laughing hard as Mark predicted CSCO to $40... Imagine JNPR is a $13 stock... Manic markets to the upside or downside lift/sink as many ships as is necessary to make the last few holdouts jump off..

DOW (although easily manipulated), has quite a lot of stuff 10,200 area.. With warnings season around the corner no way we've bottomed.. If warnings season produces significantly fewer warnings than last, then we are setup for a decent fall season on the long side.

Rashid



To: NW_Trader who wrote (24925)9/4/2001 3:53:17 PM
From: Rashid Garuba  Read Replies (1) | Respond to of 59879
 
Pat,

Wow.. what happened?? Some longs must be in shock.. QLGC an amazing mover....

Rashid



To: NW_Trader who wrote (24925)9/4/2001 4:46:30 PM
From: Rashid Garuba  Respond to of 59879
 
Pat,

On a Nasdaq Log chart, connect these points...
09/01/00 high, 01/31/01 high, 06/20/01 low... this TL was quite effective through the May/June period.. If we break 1600's it is possible we set a marginal low that meets this TL.. I will be a buyer there.. with tight stops of course.. It also reaches 1400 area last week of October..

We'll see how the cookie crumbles<g>

Rashid