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

To: TATRADER who wrote (28323)	3/15/2002 10:30:50 AM
From: Rashid Garuba	Read Replies (2) \| Respond to of 59879

Ha! Mark... DROOY trendlines (log chart) connecting 3.03 and 2.8 tops and the one connecting 2.21 and 2.23 bottoms are my guide.. as they are converging there is less to "trade".. When that upper line is broken will start looking again.. ALso ADX diminishing.. Diminishing volume..could be read as nice for a flag but could be also diminishing interest as the flag is threatening to become a drifter for some time.. "Trading" is avoiding the "drifters"<g>.. Thoughts on INVN?? The pattern still very much intact but a few indicators are contradicting... considering adding.. Rashid

To: TATRADER who wrote (28323)	3/16/2002 1:11:27 AM
From: GTC Trader	Respond to of 59879

In MDG at 11.44 today. I may be a little early, but it looks to me like support at 11 should hold, so I placed a GTC at 11.44 on February 20th. Now that it has come down to my GTC, I hereby grant MDG permission to continue its upward trend! Thanks for sharing all of your wisdom, Mark. I think 2002 may be a spectacular year for the Friends of the Gizzard King. Go gold! Ken Edit - By the way, if DROOY closes below 2, I am out. The bottom of the gap can be violated intraday, but candles tell me that a close below 2 would be very negative. On the other hand, a hammer spiking well below 2 and closing above 2 would be quite bullish and I would double my position should that occur.