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

To: wyllisx2 who wrote (25266)	10/11/2001 3:38:08 PM
From: TATRADER	Read Replies (2) \| Respond to of 59879

sorry so late...VISG...I will watch this one for a potential bounce play in the next few days...bounce should take place in the 8.00-9.50 area....Great pick for bounce play..thanks.... I know that if the DOW breaks 9500 I should begin to start trading again on the long side, but I can't but help believe that we move down from that level again, and continue our trading band of 7500-9500....The reason I am not optimistic yet is the continued arrogance of the United States... I think it was Charles Schwab who has been on TV lately pumping stocks...The comment was made, we have had 7 recessions since ????, and the FED has accomodated with lower rates, and we have had 7 strong recoveries....In other words, it ALWAYS has to happen this way.....Well, Mr. Confident FUND manager...Maybe this time you will be thrown a wrench in your thinking, and we won't recover powerfully, as you surmise.... Hate to say it, but I have DOW mired in Trading range for next few years.....Say 10,000 by 7500...... Perhaps too, my perpetual attachment to gold is that, the Central Banks continue to think they can control it at will, and they have, but oneday their confident control of everything, may crumble around them..... Regards, Mark