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

To: Rashid Garuba who wrote (28489)3/27/2002 1:10:46 PM
From: TATRADER  Respond to of 59879
 
yes,DROOY.. I rebought 20,000, and sold 10,000 already for a 1/4 pt...just trying to figure if it has an afternoon run at 4.00 left in it, or if I should take profits here at 3.50...
My plan is to trade in and out of DROOY all the way to 20.00...STICK TO YOUR PLAN, you are Rashid, Master Trader!!!

I have to get back to church for a couple of meetings and then it is my wife and I's 20th Wedding Anniversary....



To: Rashid Garuba who wrote (28489)3/27/2002 3:40:18 PM
From: SouthFloridaGuy  Read Replies (2) | Respond to of 59879
 
Rashid, they are not defying TA in anyway. You don't sell a stock right after the volume breakout, that's TA 101.

By my estimation, this DROOY run has a lot more to go. I think Mark is better at estimating and he says 6, so I believe him.

My best guess is 1st resistance at 4 and a spike to 6 before any major correction.

This could happen by the end of April although I by no means am an expert in timing.


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