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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 (29254)	4/27/2002 2:57:54 AM
From: GTC Trader	Respond to of 59879

<< These stocks may move one of these days, but for now are mired in sideways action... 4.INKT >> Mark, Regarding INKT, two black candles followed by two albeit short white candles (along with other indicators turning up) tell me that INKT may have bottomed on Wednesday and be ready for a run back to 3. I may bite at 2.50 on Monday in hopes of a 20% paycheck by next Friday. We'll see! Meanwhile, I'm a little distracted by the shiny yellow stuff ... 8-P Ken

To: TATRADER who wrote (29254)	4/27/2002 5:55:40 AM
From: GTC Trader	Respond to of 59879

<< NEM did an MACD zero line crossover today..I still think it has 34 potential, and will reboard Monday if momentum returns... >> Mark, Great trade on NEM today! I was fully loaded with other golds, so stayed on the sidelines, but watched NEM fight through $30. Just looked at 10-year chart: bigcharts.marketwatch.com 30 has been resistance since you started this thread !!! :o) NEM is my NEMesis, since I bought some at $24 in '98 or '99 and haven't "taken my profits" yet. So few opportunities as $25 proved fairly formidable resistance as well. I see the support in '95 and '97 around $34 which is now resistance, so I agree that NEM should retrace back from that level on the first (and second?) attempt, but by the third time, it should go through (right?). Let's try some math: 30 - 13 = 17. 30 + 17 = 47 $47 was resistance in '93, '94, '95, and '97. Think it might be resistance again? Perhaps in early June (2002) ??? 47 would not be a double for my vintage shares, but I would definitely take a 96% profit, if offered. :o) I want to be a Jedi, I mean, Gizzard Trader like my (financial) father! Teach me the ways of the financial forces. (Gentle voice repeats: "Look. Look. Concentrate. Follow discipline. Use the power of the stops.) Happy weekend - Ken P.S. What settings do you use for MACD? I don't see the crossover with TC2K set at: Short: 15 Long: 28 Period: 11. P.S.S. Does Pring's book recommend settings you like? Another book?

To: TATRADER who wrote (29254)	4/27/2002 10:10:33 AM
From: Jeffrey Beckman	Respond to of 59879

Mark, Someone on a Yahoo thread of a gold stock suggested selling NEM calls from a few weeks out, and using proceeds to buy DROOY. I'm not sure if this works out, but is something to think about. More simply, how 'bout buying NEM calls?

To: TATRADER who wrote (29254)	4/27/2002 7:02:04 PM
From: Bart Hoenes	Read Replies (1) \| Respond to of 59879

I meant to post HHLF a couple of days ago when I bought it and didn't. Turned out well. Question is do you think it's good to 15?

To: TATRADER who wrote (29254)	4/29/2002 4:25:49 PM
From: couldawoulda	Read Replies (1) \| Respond to of 59879

Looking at those Mark along with old favorites: COSN, CFLO, AIRN, EQIX, UAXS - too many really trading below a $1 now. Also watching JNPR in the high 8's, low 9's as a short term rally to come soon I'm thinking will give way to a decent profit on this one. VRSN is a good shoe drop play in the coming days. Wondering what the nas. is going to do now with so many of the high flyers trading below a dollar and effectively subject to delisting by old standards. I hear new rulings are coming in August. Agree that gold stocks are pricey here short term. Will be putting some money in tech. by week's end.