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


To: FJV who wrote (28061)2/28/2002 9:58:22 PM
From: TATRADER  Read Replies (2) | Respond to of 59879
 
hi franco,
the big money continues to be made quite handily in gold stocks, and bounces of tech and wireless stocks off bottoms(example, LWIN, a recent 3/4 pt play)

I have six gold stocks that I am now watching every day, to play them once the POG moves above 300...This is where the next big money will be made....And the gizzards as always will be there to collect their checks...

I should have held SWC overnight, since my target was 18.50-19.00 on this move, but I have had a day trader mentality lately....
My strategy on DROOY is to buy another 10,000 on a break above 2.80, and use it as my trading position...DROOY, in my opinion will consolidate for quite some time once we get to the 3.75-4.00 area, but it is just iching to make its move there..

Here are the target areas on the little gizzards once the big 300 POG break happens with a passion..
1.GSRSF=2.25
2.KGC=1.62
3.ECO=1.50
4.TVX=1.00
5.BGO=80 cents
6.HL=2.25

DROOY-3.75-4.00......

Most bang for buck remains DROOY, that's why I play it, and will continue to do so....