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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 (25445)	10/24/2001 2:49:15 AM
From: NW_Trader	Read Replies (1) \| Respond to of 59879

Hi Ken, Good to hear from you. SLNK a trip to 8 from a H&S 14x20?? Maybe, and on the daily chart the volume pattern seems to reinforce that pattern (good eye there). But I like to confirm patterns with different time frames as well - take a look at that time period with a weekly chart. Not so clear, and the volume confirmation doesn't show up - at least to me. A break under 12 on volume would be my choice for entering a short - I'll give up a point or two for the confirmation of downward trend. 13.75 might just be the start of the next cycle up. I haven't been watching this one trade, but may start to again. I've been milking other cows (Tevya reference again) for the time being. Speaking of which, sold all the HLIT (including today's position), reentered VTSS @ 10 and dumped again for scratch, failed to fire AETH (broke the rules, excusing its final neutral performance today to the market swoon), and continue to hold SBUX and CNXT. Hope all is well down your way. Peace and Justice --- Patrick