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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 (25513)10/26/2001 12:06:19 AM
From: TheNoz  Read Replies (1) | Respond to of 59879
 
EQIX (forgot who was "building a position") fell out of bed today. Does TA say it is temporary or ... , anyone?



To: NW_Trader who wrote (25513)10/26/2001 7:52:11 AM
From: TATRADER  Respond to of 59879
 
Good morning Pat...
I took profits yesterday on everything except ORCH,DROOY, and HGMCY...I continue to hold those 3 stocks...The reason I am getting nervous again is that we are approaching the top of my 9500-7500 DOW trading range, and I saw a head and shoulder top in my CCI 5 period....Some may look at the pattern and say, "you have a cup and handle, measured 8500 by 9500, for target of 10,500", but I can't go along with that...I still am looking for the retest of 7500...I sound like the perpetual pessimist..In fact I have stated a couple of months back that I am looking for a DOW trading range for the next 2 years in the 9500-7500 area, with short-term spikes above or below both levels,but basically lodged in that trading range...I know Abby Cohen would disagree with me, but she gets her paycheck from a brokerage so the poor woman has to see things that they want her to see....

I don't think I will enter any of these today, but these are TRUE GRIT GIZZARDS, who have potential to provide great gains, if they can survive...

1.VITR
2.NUAN
3.KANA
4.BLUE
5.COVD
6.CORV
7.SATC(this is a bounce play, should pullback to 6.00 area)
8.ERICY(only about .75 here)

Number 1 gizzard if overall market is up remains, ARTG.....