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

To: Jeffrey Beckman who wrote (25143)	9/30/2001 7:26:00 PM
From: TATRADER	Respond to of 59879

SNWL is a bounce play....the targets on it are 12.25 at 25% retracement and around 13.25 for secondary target....I would sell a current long position into either target area, depending on how it handles those areas.... At this point, I would stand aside.....Or ride continuing momentum with tight stop, looking for exits at either target area... PRGN looks like the better play of the two....Enter at present price, put stop at 11.75...ride to 14.25, and exit with about 2 points...better risk reward here... Regards, Mark