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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 (25371)	10/17/2001 11:00:28 AM
From: Rashid Garuba	Read Replies (1) \| Respond to of 59879

There is a time for targets.. trading range markets.. Whenever stocks trend strongly, it is usually due to strong sentiment/greed/fear, in which case resistance and support tend to put up less of a battle.. Keeping an eye on a weekly chart of Nasdaq puts things in perspective for those eager to short.. From 5000 down to 1300.. a bounce to 1800/2000 is not uncalled for, regardless of the speed. I think a trader that always gets stopped out of trades rather than selling of his/her free will is very likely a profitable trader. Rashid