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

To: N/E PATSFAN who wrote (26443)	12/13/2001 7:19:37 AM
From: TATRADER	Respond to of 59879

My old friend Frank used to be from Boston....He did very well in the market, but never used stops...Catastrophic losses took him out... CMTN is on my watch list...It looks like today is a down market, so walk with kid gloves...The target on CMTN is 2.50, with secondary target at 3.00....It fits my qualifications for the watch list...Less than 80 million shares outstanding, nice 4 month rounded bottom...It has hit the neckline now for the 2nd time...On ARTG and CFLO we hit twice and failed, it wasn't until round 3 that we got through it...If you are playing a position trade on it, the catastrophic stop location is 1.82...On WCG, I would wait for the next move at 2.75, probably won't be today.. Mark